Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries OKE Acquiring MMP: Valuation Nice, Taxes Add Wrinkle By: ETF Trends May 15, 2023 at 10:39 AM EDT On Sunday, midstream corporation ONEOK (OKE) announced that it will acquire MLP Magellan Midstream Partners (MMP) in a cash-and-stock deal valued at $18.8 billion. The deal comes as a surprise and represents a relatively rare example of M&A among unrelated public companies in the midstream space. We believe the deal premium and implied multiple have [...] The post OKE Acquiring MMP: Valuation Nice, Taxes Add Wrinkle appeared first on ETF Trends . Read More >> Related Stocks: DEAL First Commonwealth Financial Corp Ipath Pure Beta Crude Oil ETN Magellan Midstream Partners LP Oneok Inc Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
OKE Acquiring MMP: Valuation Nice, Taxes Add Wrinkle By: ETF Trends May 15, 2023 at 10:39 AM EDT On Sunday, midstream corporation ONEOK (OKE) announced that it will acquire MLP Magellan Midstream Partners (MMP) in a cash-and-stock deal valued at $18.8 billion. The deal comes as a surprise and represents a relatively rare example of M&A among unrelated public companies in the midstream space. We believe the deal premium and implied multiple have [...] The post OKE Acquiring MMP: Valuation Nice, Taxes Add Wrinkle appeared first on ETF Trends . Read More >> Related Stocks: DEAL First Commonwealth Financial Corp Ipath Pure Beta Crude Oil ETN Magellan Midstream Partners LP Oneok Inc