$SUG News
Last published 1y ago
- 1y agoBCXBKRTISIVSTS+3Vestis Reports First Quarter 2025 Results; Reaffirms FY25 Guidance; Announces Chief Financial Officer and Chief Legal Officer TransitionsBusiness WireFirst Quarter 2025 Results Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook Revenue of $684 million, as expected Operating Income of $30 million increased 2% sequentially versus
- 14y agoETESUGETPRGPEnergy Transfer Equity and Southern Union Announce Successful Completion of MergerBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced the successful completion of the previously announced merger of Southern Union with and into Sigma Acquisition Corp., a wholly owned subsidiary of ETE. Southern Union is the surviving entity in the merger and will continue to operate as a wholly-owned subsidiary of ETE.
- 14y agoETESUGETPRGPEnergy Transfer Equity and Southern Union Announce Preliminary Results of Merger Consideration ElectionsBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity (NYSE: ETE) and Southern Union Company (NYSE: SUG) today announced the preliminary results of the elections made by Southern Union stockholders regarding their preferences as to the form of merger consideration they will receive in connection with Southern Union’s pending merger with ETE, which is currently expected to be completed on or ab ...
- 14y agoSUGETEETPRGPEnergy Transfer and Southern Union Confirm Stockholder Election Deadline is March 19, 2012Business WireHOUSTON & DALLAS--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) and Energy Transfer Equity, L.P. (NYSE:ETE) today confirmed that the election deadline for Southern Union stockholders to make merger consideration elections is 5:00 p.m., Eastern Time, on March 19, 2012. All of the documents necessary for Southern Union stockholders to make a merger consideration election in connection with the ...
- 14y agoSUGETEETPRGPMissouri Public Service Commission Approves Southern Union/Energy Transfer MergerBusiness WireHOUSTON & DALLAS--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) and Energy Transfer Equity, L.P. (NYSE:ETE) announced today that the Missouri Public Service Commission (MPSC) has issued an order finding that, subject to the conditions set forth in the previously filed Non-Unanimous Stipulation and Agreement, the merger of Sigma Acquisition Corporation, a wholly-owned subsidiary of ETE, with a ...
- 14y agoETESUGETPRGPEnergy Transfer and Southern Union Announce Filing of Settlement with Missouri Public Service Commission and Mailing of Merger Consideration Election Materials and Related DeadlineBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE”) and Southern Union Company (NYSE:SUG) (“Southern Union”) today announced that they have filed with the Missouri Public Service Commission (the “Commission”) a Stipulation and Agreement (the “Stipulation”) among Southern Union, ETE and the Commission Staff. Pursuant to the Stipulation, the parties recommend that the ...
- 14y agoETESUGETPRGPEnergy Transfer Equity Announces Launch of New Credit Facility in Connection with Southern Union AcquisitionBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) today announced that it has launched the syndication of a new senior secured credit facility of up to $2.30 billion. ETE intends to use the net proceeds from the senior secured credit facility, together with a portion of the proceeds from Southern Union Company’s (NYSE: SUG) contribution of its 50% interest in Citrus Corp. (“Citrus” ...
- 14y agoETESUGETPRGPEnergy Transfer Equity Announces Southern Union Stockholders Approve MergerBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) is pleased to announce that Southern Union Company (NYSE:SUG) stockholders voted overwhelmingly to approve the proposed merger with ETE at today’s special meeting of Southern Union stockholders.
- 15y agoETESUGETPRGPEnergy Transfer Equity, L.P. and Southern Union Company Announce the Commencement of Distribution of the Proxy Statement/Prospectus and a December 9, 2011 Special Meeting of Southern Union StockholdersBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced that Southern Union has commenced the distribution of the proxy statement/prospectus for the special meeting of Southern Union stockholders associated with ETE’s proposed acquisition of Southern Union.
- 15y agoETESUGETPRGNCEnergy Transfer Equity, L.P. Completes Syndication of Financing for Acquisition of Southern Union CompanyBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) announced today the full syndication of the $3.7 billion acquisition financing provided by Credit Suisse to finance the previously announced acquisition of Southern Union Company (NYSE:SUG).
- 15y agoETESUGRGNCETPEnergy Transfer Equity Reports Quarterly ResultsBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) today reported Distributable Cash Flow and net income attributable to partners for the quarter ended June 30, 2011, both of which were impacted by acquisition-related costs incurred by ETE in connection with its proposed merger with Southern Union Company (NYSE:SUG). Distributable Cash Flow before acquisition-related expenses was $12 ...
- 15y agoETESUGETPRGNCEnergy Transfer Equity, L.P. and Southern Union Company Announce Expiration of Hart-Scott-Rodino Review PeriodBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) has expired in connection with the previously announced amended and restated merger agreement under which ETE will acquire SUG for cash or ETE common units at the election of ...
- 15y agoETESUGETPRGNCEnergy Transfer Equity Announces Filing of Amended Form S-4Business WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) today announced it has filed an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission. This filing pertains to the previously announced amended and restated merger agreement dated July 19, 2011 between ETE and Southern Union Company (NYSE: SUG).
- 15y agoETPETESUGEnergy Transfer Partners Announces Amended Agreement for 50% Interest in Citrus Corp., Owner of Florida Gas TransmissionBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Partners, LP. (NYSE:ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced that the two partnerships have signed an amended definitive agreement pursuant to which there will be a contribution by merger of an indirect 50% interest in Citrus Corp., which owns 100% of the Florida Gas Transmission pipeline system, to ETP in exchange for approximately ...
- 15y agoETESUGETPRGNCEnergy Transfer Equity and Southern Union Announce Improved Agreement for $9.4 Billion, Including $5.7 Billion in Cash and ETE Common UnitsBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced that they have entered into an amended and restated merger agreement under which ETE will acquire SUG for $9.4 billion, including $5.7 billion in cash and ETE common units.
- 15y agoETESUGEnergy Transfer Equity and Southern Union File Application with Missouri Public Service Commission as Step toward Completion of MergerBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced they have filed a joint application with the Public Service Commission of the State of Missouri (Commission), requesting an order from the Commission authorizing SUG to take certain actions to allow ETE to acquire the equity interests of SUG, including its subsidiaries. ...
- 15y agoSUGETEETPRGNCEnergy Transfer Equity Evaluating Additional Asset Drop-downs; Re-Affirms Commitment to Maintain/Improve Current Credit Ratings of ETE and SubsidiariesBusiness WireDALLAS--(BUSINESS WIRE)--In connection with its revised offer to acquire the outstanding stock of Southern Union Company (NYSE:SUG) announced on July 5, 2011, Energy Transfer Equity L.P. (NYSE:ETE) today reaffirmed its commitment to maintaining appropriate credit metrics to support or improve the current credit ratings of ETE, SUG, and ETE’s existing subsidiaries Energy Transfer Partners, L.P. (NY ...
- 15y agoETPETESUGEnergy Transfer Partners Announces Agreement for 50% Interest in Citrus Corp., Owner of Florida Gas TransmissionBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE:ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced that the two partnerships have signed a definitive agreement pursuant to which ETE will contribute to ETP by merger an indirect 50% interest in Citrus Corp., which owns 100% of the Florida Gas Transmission pipeline system, in exchange for approximately $1.9 billion. The co ...
- 15y agoETESUGETPRGNCEnergy Transfer Equity Revises Agreement to Acquire Southern Union for $8.9 Billion, Including $5.1 Billion in Cash and ETE Common UnitsBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced that they have entered into an amended and restated merger agreement under which ETE will acquire SUG for $8.9 billion, including $5.1 billion in cash and ETE common units.
- 15y agoETEWMBSUGETP+1Energy Transfer Equity Believes its Agreement to Acquire Southern Union is Superior to the Highly Conditional Proposal from WilliamsBusiness WireDALLAS--(BUSINESS WIRE)--Energy Transfer Equity L.P. (NYSE:ETE) notes that Williams (NYSE:WMB) floated a non-binding, conditional proposal to acquire Southern Union Company (NYSE:SUG) in a fully-taxable transaction to SUG shareholders. ETE believes its binding agreement provides superior value to SUG shareholders as compared to the Williams proposal.
- 15y agoETESUGETPRGNCEnergy Transfer Equity to Acquire Southern Union CompanyBusiness WireDALLAS & HOUSTON--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) and Southern Union Company (NYSE:SUG) today announced that the two companies have entered into a definitive merger agreement whereby ETE will acquire Southern Union for $7.9 billion, including approximately $3.7 billion of existing SUG debt, creating the premier group of integrated midstream companies in the United States n ...
- 15y agoSUGEPSouthern Union Company Announces Florida Gas Transmission Company’s Phase VIII Expansion Project Placed in ServiceBusiness WireHOUSTON--(BUSINESS WIRE)--Southern Union Company placed the Florida Gas Transmission Company (FGT) Phase VIII Expansion project in service today as scheduled.