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Summit Midstream Floats 4M Units, Hopes to Raise $224M+ | Marcellus Drilling News
Summit Midstream (pipeline company) is looking to raise another $224 million to use in their considerable midstream operation--including their increasing focus on the Marcellus/Utica. Yesterday the company issued a press release announcing they want to sell another 4 million "common units" (think shares of stock) in their master limited partnership (MLP) company. As of this