TransMontaigne Partners L.P. Announces the Sale of Its 50% Interest in BOSTCO to Kinder Morgan Energy Partners, L.P.

by Matthew Kennedy, Benzinga Staff Writer
January 4, 2012 2:59 PM | 20 seconds read |
TransMontaigne Partners L.P. TLP today announced the sale of its 50% interest in the previously announced Battleground Oil Specialty Terminal Company LLC project to a subsidiary of Kinder Morgan Energy Partners, L.P., or Kinder Morgan. TLP received cash consideration equal to its investment plus a transferrable option to buy 50% of Kinder Morgan's interest at any time prior to January 20, 2013.
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