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Energy Transfer Partners makes $20/unit tender offer for PennTex Midstream

May 18, 2017 6:02 PM ETPennTex Midstream Partners (PTXP) StockBy: Carl Surran, SA News Editor77 Comments
  • PennTex Midstream Partners (NASDAQ:PTXP) +19.3% AH after Energy Transfer Partners (ETP) makes a tender offer to purchase all common units it does not already own for $20/unit in cash.
  • ETP currently owns 32.4% of outstanding PTXP common units; the tender offer will expire on June 19.

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