Enterprise Products Partners L.P. EPD today announced that it has
agreed to sell 22,762,636 Energy Transfer Equity, L.P. ETE common
units owned by an Enterprise subsidiary in a private transaction to certain
purchasers. Proceeds of approximately $825.1 million from the sale will be
used by Enterprise for general partnership purposes, including funding growth
capital projects. Closing of the transaction is scheduled to occur in January
2012.
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