Crestwood Equity/Crestwood Midstream Complete Merger

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mergerExactly one month ago MDN told you that Crestwood Equity Partners LP and Crestwood Midstream Partners (with operations in the northeast)–two different companies on paper–would merge (see Crestwood Equity/Midstream Announce Date to Merge Two Companies). Crestwood Equity Partners is a master limited partnership (MLP) that operates an NGL supply and logistics business and previously owned, on paper, 4% of Crestwood Midstream Partners, a pipeline business operating in multiple U.S. shale plays. Crestwood Midstream also had an NGL business. The two said they would complete a merger of the separate companies by yesterday, Sept. 30–and by golly, they did…

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