Buckeye Partners, L.P. & Buckeye GP Holdings L.P. Announce Merger Approved by Shareholders

Buckeye Partners, L.P. BPL and Buckeye GP Holdings L.P. BGH announced that their respective unitholders have approved their proposed merger. At separate special unitholder meetings today, approximately 30.6 million BPL LP units, or 59.3% of the BPL LP units outstanding and entitled to vote, and approximately 23.5 million BGH common units and management units, or 83.2% of the BGH common units and management units outstanding and entitled to vote, voted in favor of the merger