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Energy Transfer Equity Acquiring Southern Union, Including Lake Charles LNG Terminal

Energy Transfer Equity, L.P. announced yesterday that it will acquire Southern Union Company for a total of $7.9 billion, including $3.7 billion of existing Southern Union debt. The acquisition also includes the Lake Charles LNG import terminal and sever
June 16, 2011

Energy Transfer Equity, L.P. announced yesterday that it will acquire Southern Union Company for a total of $7.9 billion, including $3.7 billion of existing Southern Union debt. The acquisition also includes the Lake Charles LNG import terminal and several gas pipeline assets. Platts LNG Daily [subscription required] provides additional coverage.

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