Prudent Speculations submits: Anyone who follows the MLP sector is undoubtedly aware of the recent implosion of Semgroup Energy Partners (Nasdaq:SGLP). There have been several articles in the press that list this event as example #1 of why one should not be involved in the sector. I questioned that...
DENVER -- TransMontaigne Inc. (NYSE:TMG) today announced that it has entered into a revised amended and restated merger agreement with SemGroup, L.P. and certain of its affiliated entities ("SemGroup"). On May 22, 2006, SemGroup delivered to us a revised amended and restated merger agreement ("amended SemGroup merger agreement") that increased...
TULSA, Okla. -- SemGroup, L.P. has been ranked No. 5 on Forbes 2006 list of America's Largest Private Companies. The list is featured in the magazine's November 27, 2006, issue. A Tulsa-based midstream energy business, SemGroup is the only privately owned Oklahoma-headquartered company that is ranked in the magazine's top...
DENVER -- TransMontaigne Inc. (NYSE: TMG) today announced that it has received a proposal from Morgan Stanley Capital Group Inc. to acquire the Company at a price of $10.50 per share, in cash, and otherwise on substantially the same terms as the Company's pending sale to an affiliate of SemGroup,...
Fuel distributor TransMontaigne announced recently it has entered into a definitive merger agreement with Morgan Stanley Capital Group after SemGroup choose to terminate its offer for TransMontaigne rather than revise its bid.Fuel distributor TransMontaigne announced recently it has entered into a definitive merger agreement with Morgan Stanley Capital Group after...