UPDATE: Phillips 66 Partners Announces Partnership Will Buy $700M in Assets
February 13, 2014 at 11:43 AM EST
Phillips 66 Partners LP (NYSE: PSXP ) (“partnership”) announces that its first post-IPO acquisition will include Phillips 66's (NYSE: PSX ) Gold Product Pipeline System, also known as the “Gold Line System,” and the Medford Spheres, two newly constructed refinery-grade propylene storage spheres, for a total consideration of