When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of Tallgrass Energy(NYSE: TGE) rocketed nearly 35% by 10:15 a.m. EDT on Wednesday. Fueling the pipeline company's rally was a proposal by private equity giant Blackstone(NYSE: BX) to take it private.
Blackstone has offered to acquire all the shares of Tallgrass Energy that it doesn't currently own for $19.50 apiece. That price implies a nearly 36% premium to yesterday's closing price. The deal would give Blackstone and its partners full control over Tallgrass Energy.