UPDATE 1-Tallgrass Energy receives take-private offer from Blackstone

Midstream energy firm Tallgrass Energy said on Tuesday it had received an offer from Blackstone Infrastructure Partners, its partners and affiliates to acquire the shares in the company that they do not already own. The latest transaction will be valued at $3.03 billion based on the number of Class A shares of 179.2 million at the end of July 31, as reported in the company’s latest filing. In January, Blackstone Group LP said it would buy a controlling stake in Tallgrass for $3.3 billion.

source https://finance.yahoo.com/news/1-tallgrass-energy-receives-private-035348978.html?.tsrc=rss

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