SemGroup stockholders approve $5 billion M&A deal with Energy Transfer
December 5, 2019
Houston Chronicle Stockholders of the Oklahoma pipeline company SemGroup voted to approve a $5 billion merger with Dallas-based pipeline giant Energy Transfer. During a special Wednesday morning stockholders meeting, shareholders voted to the merger agreement. Under the deal valued at $5 billion, SemGroup stockholders will receive $6.80 in cash and a 0.7275 share of Energy Transfer stock for every share
