American Midstream Partners: 4Q Earnings Snapshot
Posted on Tuesday April 02, 2019
On a per-share basis, the Houston-based company said it had a loss of 41 cents. Losses, adjusted for asset impairment costs, came to 38 cents per share. The natural gas pipeline company posted revenue ...
American Midstream Reports Fourth Quarter and Full Year 2018 Results
Posted on Monday April 01, 2019
HOUSTON , April 1, 2019 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for ...
Houston-based midstream co. agrees to private equity buyout
Posted on Monday March 18, 2019
Back in September, the original unsolicited buyout offer was for $6.10 per common unit, but it was revised to $4.50 per common unit in January. The final deal lands in between.
American Midstream Announces Agreement for the Purchase of its Outstanding Common Units by an Affiliate of ArcLight Energy Partners
Posted on Monday March 18, 2019
HOUSTON, March 18, 2019 /PRNewswire/ -- American Midstream Partners, LP (AMID) ("AMID" or "Partnership") today announced that it has entered into a definitive agreement and plan of merger ("Merger Agreement") with an affiliate (the "Purchaser") of ArcLight Energy Partners Fund V, L.P. ("ArcLight"). The Purchaser will acquire, for cash, in a merger transaction, all outstanding common units of the Partnership not already held by affiliates of ArcLight, at a price of $5.25 per common unit. The merger is expected to close in the second quarter of 2019. The Partnership does not expect to make any cash distributions on its common units or preferred units prior to the closing of the merger.
