Merger

Southcross Overwhelmingly Votes to Merge with American Midstream

American Midstream Partners LP (AMID) is close to creating a Gulf Coast energy powerhouse after Southcross Energy Partners LP unitholders approved a proposed merger.

March 28, 2018

Midstates Proposing Merger With SandRidge, With Mississippian Lime Focus

Less than six weeks after SandRidge Energy Inc. ditched plans to purchase Bonanza Creek Energy Inc., the Oklahoma City-based independent has a new suitor to consider: Midstates Petroleum Co. Inc.

February 6, 2018

Dominion, Scana CEOs Urge South Carolina Regulators to Accept $14.6B Merger

The heads of Dominion Energy Inc. and Scana Corp. told South Carolina regulators that the state could either accept Dominion’s proposed $14.6 billion offer to buy Scana, or they could watch the troubled public utility potentially fall into bankruptcy.

January 16, 2018
Unimin Merger with Fairmount to Create ‘Industrial Sand King’

Unimin Merger with Fairmount to Create ‘Industrial Sand King’

U.S. onshore proppant stalwart Fairmount Santrol has agreed to a cash-and-stock takeover by Connecticut-based Unimin Corp. to create an energy and industrial supplier with an estimated 45 million tons/year of sand and mineral processing capacity.

December 14, 2017

Disgruntled Shareholders Distorting Bonanza Creek Deal, Say SandRidge Execs

SandRidge Energy Inc., in a tussle with activist hedge fund billionaire and majority shareholder Carl Icahn, on Monday urged shareholders to stay focused on the benefits of its planned merger with Bonanza Creek Energy Inc.

December 11, 2017

Shareholders Approve EQT Deal to Acquire Rice

EQT Corp. on Thursday cleared the final hurdle to create the nation’s largest natural gas producer after receiving necessary shareholder approvals to acquire Rice Energy Inc.

November 9, 2017
American Midstream, Southcross Merger to Create Gulf Coast Powerhouse for Onshore, GOM

American Midstream, Southcross Merger to Create Gulf Coast Powerhouse for Onshore, GOM

American Midstream Partners LP (AMID) on Wednesday announced an estimated $3 billion merger with Southcross Holdings LP entities, a transformational tie-up that when completed would create an enterprise with 8,000 miles of onshore and offshore natural gas, crude and liquids pipelines, and substantial gas and liquids processing.

November 1, 2017

Brief — EQT Corp.

Proxy advisory firms Institutional Shareholder Services Inc. (ISS), Glass, Lewis & Co. and Egan-Jones Ratings Companyall recommend that EQT Corp.shareholders vote to approve the pending $8 billion acquisitionof Rice Energy Inc. ISS said the “proposed transaction has inherent industrial logic and appears to better position the company to resolve its long-standing sum-of-the-parts discount.” The reports come as EQT continues to contend with shareholders that want the merger scrappedin favor of separating the upstream and midstream businesses. Shareholders are scheduled to vote on the deal at a special meeting on Nov. 9; each board already has approved the merger.

October 31, 2017

EQT Focusing on Rice Merger, Future NatGas Gains in Appalachia

With just two weeks before shareholders vote on the $8 billion acquisition of Rice Energy Inc., EQT Corp.’s management team Thursday continued to plug the merger’s benefits and what it could mean for the future of the company.

October 26, 2017
Silver Run STACK-ing Assets in Takeover of Alta Mesa, Kingfisher Midstream

Silver Run STACK-ing Assets in Takeover of Alta Mesa, Kingfisher Midstream

Houston’s Silver Run Acquisition Corp. II, helmed by former Anadarko Petroleum Corp. chief Jim Hackett, agreed late Wednesday to combine with Oklahoma-focused producer Alta Mesa Holdings LP and Kingfisher Midstream LLC.

August 17, 2017