NGL Energy Partners LP NGL announced today that it has signed an
agreement with SemStream L.P., a subsidiary of SemGroup
Corporation SEMG, whereby SemStream will contribute substantially all
of its natural gas liquids business and assets to NGL for common units and
cash. In addition, SemStream will acquire an interest in the general partner
of NGL. SemStream will have the right to appoint two members to the board of
directors of the general partner.
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