Boardwalk Purchases Remaining Interest in PL Midstream

HOUSTON--(BUSINESS WIRE)--Boardwalk Pipeline Partners, LP (NYSE: BWP) announced today that a subsidiary has purchased the remaining 65% equity interest in PL Midstream LLC (“PL Midstream”) from Boardwalk Pipelines Holding Corp. (BPHC), a wholly-owned subsidiary of Loews Corporation (NYSE: L) and the parent of our general partner, for approximately $269 million. This transaction was approved by the independent Conflicts Committee of the Board of Directors.