Current TGE Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

Tallgrass Energy receives preliminary proposal letter from Blackstone Infrastructure Partners offering to take the company private
Tallgrass Energy LP (stock ticker: TGE), a midstream infrastructure company, received a non-binding preliminary proposal letter from Blackstone Infrastructure Partners (stock ticker: BX) on Tuesday, offering to acquire all of the outstanding Class A shares of Tallgrass’ stock not already owned by Blackstone and its affiliates.

At a price of $19.50 per share, Blackstone’s offer would represent a 35.9% premium over Tallgrass’ closing price on August 27, and a premium of approximately 12% to its volume weighted average price during the last 30 calendar ...


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