American Midstream Sells Propane Business For $170 Million In New Strategy
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
$170.0MM
Description
To buy American Midstream's propane marketing services business; includes Pinnacle Propane’s 40 service locations, Pinnacle Propane Express’ cylinder exchange business and related logistic assets and the Alliant Gas utility system. (Expected to close 3Q 2017)