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Plains All American Pipeline Completes Merger Of PAA Natural Gas Storage

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Business Wire
January 2, 2014

Plains All American Pipeline LP (NYSE: PAA) and PAA Natural Gas Storage LP (NYSE: PNG) completed the merger of PNG with a wholly owned subsidiary of PAA, the Houston-based companies jointly announced Dec. 31.

PNG survives the merger as a wholly owned subsidiary of PAA, effective Dec. 31. PNG’s common unitholders approved the merger in a special meeting held Dec. 31 in Houston. Under the terms of the merger agreement, each PNG unitholder eligible to receive the merger consideration will receive 0.445 common units of PAA for each PNG common ...

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