ONEOK Partners Announces Agreements to Sell 24.9 Million Common Units

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ONEOK (OKE) to Acquire 21.5M ONEOK Partners (OKS) Common Units

August 12, 2015 5:14 PM EDT

ONEOK (NYSE: OKE) announced that it has agreed to purchase approximately 21.5 million common units representing limited partner interests, for a total purchase price of approximately $650 million, in a private placement from ONEOK Partners, L.P. (NYSE: OKS), of which it is the parent company of ONEOK Partners GP, L.L.C. (General... More