Capabilities

Sale of midstream businesses

American Securities

Our attorneys represented private equity firm American Securities as a majority shareholder in the sale of the Laser Northeast Gathering System and other midstream businesses from Delphi Midstream Partners, LLC to Williams Partners L.P. The Laser Gathering System is currently comprised of 33 miles of 16-inch natural gas pipeline and associated gathering facilities in Susquehanna County, PA, as well as 10 miles of gathering pipeline in southern New York. The deal is valued at approximately $750 million in cash and stock.

 

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