The Firm is representing Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood”) in connection with the merger of Crestwood and Inergy Midstream, L.P. (NYSE: NRGM) (“Inergy Midstream”), an affiliate of Inergy, L.P. (NYSE: NRGY), to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion. The combination of Crestwood and Inergy Midstream will create a diverse platform of midstream assets providing broad-ranging services in the premier shale plays in North America. Under the terms of the definitive transaction agreements, the combination of the two companies will be effected through a series of transactions, which will result in Crestwood Holdings acquiring the general partner of Inergy prior to the consummation of the merger.
Tags: Simpson Thacher & Bartlett LLP | Houston
