M&A Mania: Crestwood Midstream & Inergy will Merge
Crestwood Midstream and Inergy Midstream announced this morning they are merging–a deal that will create a $7 billion midstream (pipelines & processing plants) behemoth. Both Crestwood and Inergy have operations and assets in the Marcellus and Utica Shale region.
Whose name goes on the door has yet to be decided. Here are the details about the deal as provided by the two companies: