Magellan CEO on Shareholder Benefits of Pending Merger With ONEOK

Consolidation has been a theme in the energy industry this year. Midstream corporation ONEOK (OKE) announced in May it would acquire MLP Magellan Midstream Partners (MMP) in an $18.8 billion deal. The deal surprised the industry as it was a relatively rare example of M&A among public third parties. See more: “Better Together: Energy Consolidation [...] The post Magellan CEO on Shareholder Benefits of Pending Merger With ONEOK appeared first on ETF Trends .