Tag: MarkWest Energy

Marathon Petroleum: Partnership to buy MarkWest for $14.69B

NEW YORK – A partnership run by Marathon Petroleum will spend $14.69 billion to buy MarkWest Energy Partners, a company that splits natural gas into other fuels. The combined company will have a market capitalization of $21 billion and tie up Marathon’s huge pipeline network with the refiner. The cash-and-stock deal values MarkWest units at $78.64 each. […]