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Crestwood and Inergy to Merge Forming $7 Billion Midstream Energy Partnership

HOUSTON & KANSAS CITY, Mo.--(BUSINESS WIRE)--Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood Midstream”) and Crestwood Holdings LLC (“Crestwood Holdings”) (collectively, “Crestwood”) and Inergy, L.P. (NYSE:NRGY) (“Inergy L.P.”) and Inergy Midstream, L.P. (NYSE:NRGM) (“Inergy Midstream”) (collectively, “Inergy”) today announced the signing of definitive agreements to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion.