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Stop Press: ETP Acquires Sunoco for $5.3 Billion | Marcellus Drilling News
Just this morning Energy Transfer Partners (ETP), a huge pipeline company that owns 23,500 miles of pipelines and gathering systems, including the largest intrastate pipeline in Texas, announced they are buying Sunoco for $5.3 billion. One of the main reasons for the purchase? ETP said they have a growing interest in the Marcellus Shale and