Monday, May 7, 2007

Enterprise GP completes stake purchases

(Reuters) - The company said in a statement that the transactions will boost earnings immediately, and increase distributable cash flow per unit in 2008 by more than 10 percent.

The acquisitions make Enterprise GP Holdings the first publicly traded partnership to own interests in the general partners of multiple publicly traded partnerships, the company said.


Read more at Reuters.com Mergers News

No comments: