TGE News and Press, Tallgrass Energy LP Class A Shares From 04/16/20

At a special meeting today, shareholders of Tallgrass Energy, LP (NYSE: TGE) (“TGE”) voted to approve the merger transaction in which Blackstone Infrastructure Partners, together with affiliates of Enagas, GIC, NPS and USS, will acquire all of the outstanding Class A shares of T...

Tallgrass Energy ( TGE +4% ) stands out as one of the energy sector's biggest gainers in recent days, two days ahead of an expected vote on Blackstone's take-private offer . More news on: Tallgrass Energy, LP, Energy stocks news, Stocks on the move, Read more ...

DALLAS , April 15, 2020 /PRNewswire/ -- Alerian announced today that Tallgrass Energy LP  (NYSE: TGE) is expected to be removed from the Alerian Midstream Energy Index (AMNA), the Alerian US Midstream Energy Index (AMUS), the Alerian Midstream Energy Select Index (AMEI), the Alerian ...

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading position ...

Merger activity increased last week with one new deal announced and seven deals closing. At a time when more than 10 deals trade with spreads of over 30% and 23 trade with spreads of over 10%, it is encouraging to see so many deals close including the acquisition of Sprint by T-Mobile (TMUS). ...

On the back of the best week for oil prices in recorded history, midstream traded up and outperformed the S&P 500 and utilities. MLPs ((AMZ)) outperformed broader midstream ((AMNA)) this week after trailing last week and last month and last year. Oil prices spiked on enthusiasm over a tw...

Tallgrass Energy, LP (NYSE: TGE) (“TGE”) today announced that, due to the emerging public health impact of the coronavirus (COVID-19) pandemic and out of concern for the health and well-being of TGE’s employees and shareholders, the location of the special meeting of shar...

The market found some relief on the stimulus bill, but midstream and MLPs lagged this week. Canada midstream helped the AMNA outperform the other midstream indexes. Oil prices fell further, and the lack of places to put oil in this climate is concerning. REITs and Utilities rebounded with th...

By Bryce Bingham Since our initial stress test of the Alerian MLP Infrastructure Index’s (AMZI) yield ( read more ), the index underwent its quarterly rebalancing with related constituent changes , and a few MLPs announced distribution cuts. In terms of constituent changes, Holly...

Many don't know but $1000 bills are still legal tender. They are pretty rare and are collector items essentially. There is a saying that merger arbitrage is like "picking up nickels in front of a steamroller". The last few weeks in the sector have seen many steamrollers but a different curre...