Tesoro Logistics Adds Stake in the Rocky Mountains with $2.5 Billion Acquisition of QEP Field Services
October 20, 2014
On Sunday, October 19, 2014, Tesoro Logistics (ticker: TLLP) announced the acquisition of QEP Field Services in a deal equaling $2.5 billion. TLLP also acquires a 58% working interest in QEP Midstream Partners (ticker: QEPM), a wholly owned natural gas gathering and processing business of QEP Resources (ticker: QEP). The transaction is expected to close in Q4’14. Tesoro Logistics is
