Current UNT Stock Info

Divesting 50% Interest in Superior Pipeline
Unit Corporation (ticker: UNT) has agreed to sell a fifty percent equity interest in its wholly owned subsidiary, Superior Pipeline Company, LLC for cash proceeds of $300 million. The purchaser, SP Investor Holdings, LLC, is jointly owned by OPTrust and funds managed by Partners Group, a global private markets investment manager.

The sale is expected to close April 3, 2018. Before closing, Superior's employees will become employees of Superior Midstream Operating LLC, a wholly owned subsidiary of...


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