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Crestwood To Gain Haynesville/Bossier Pipeline System
Crestwood Midstream Partners LP, Houston, (NYSE: CMLP) plans to acquire Denton, Texas-based Tristate Sabine LLC from affiliates of Dallas-based private equity firm Energy Spectrum Capital, Austin, Texas-based Zwolle Pipeline LLC and the Tristate management for $73 million in cash.
Crestwood will pay $65 million at closing and make a deferred payment of approximately $8 million one ...
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