Hi, today we are going to talk about Tallgrass and its current landscape.
Tallgrass shares are in evidence as was unveiled that the company it's going to be acquired by Blackstone Infrastructure Partners for $22.45 per share (22.7% premium)in cash, totalizing a deal of $4.02 billion (about $3 billion in equity and debt). In this season of Mergers and Acquisitions, the deal is expected to be close in the second quarter of 2020, and puts Tallgrass on the spotlight of the market during this deal, considering that its progress might be attached to the future performance of its shares.
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Tallgrass shares are in evidence as was unveiled that the company it's going to be acquired by Blackstone Infrastructure Partners for $22.45 per share (22.7% premium)in cash, totalizing a deal of $4.02 billion (about $3 billion in equity and debt). In this season of Mergers and Acquisitions, the deal is expected to be close in the second quarter of 2020, and puts Tallgrass on the spotlight of the market during this deal, considering that its progress might be attached to the future performance of its shares.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.