Pipeline company Oneok to buy rest of Oneok Partners for $9.3 billion
Oneok looking to simply structure, increase returns Feb.1 – (Reuters) Pipeline company Oneok Partners LP’s (OKS.N) biggest shareholder Oneok Inc (OKE.N) said it would buy the rest of the company for $9.3 billion, the latest master limited partnership (MLP) deal aimed at simplifying structures and increasing returns. MLPs do not pay corporate taxes and must […]
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