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Talk About Tulsa => Other Tulsa Discussion => Topic started by: Nik on September 21, 2023, 10:44:23 AM

Title: ONEOK and Magellan Approve Merger
Post by: Nik on September 21, 2023, 10:44:23 AM
https://www.prnewswire.com/news-releases/oneok-shareholders-and-magellan-unitholders-approve-merger-301935146.html

QuoteONEOK, Inc. and Magellan Midstream Partners, L.P. today announced that, at their respective Special Meetings, ONEOK shareholders and Magellan unitholders approved the previously announced merger.

"We are very pleased with the strong support from ONEOK shareholders and Magellan unitholders, which reflects their belief in the power of our combination," said Pierce H. Norton II, ONEOK president and chief executive officer. "Having achieved this important milestone, we look forward to closing on September 25 and moving forward as one company with a continued commitment to creating value for our shareholders."
Title: Re: ONEOK and Magellan Approve Merger
Post by: heironymouspasparagus on September 22, 2023, 11:21:01 AM
Quote from: Nik on September 21, 2023, 10:44:23 AM
https://www.prnewswire.com/news-releases/oneok-shareholders-and-magellan-unitholders-approve-merger-301935146.html




Nothing like less competition and more layoffs to really "help" the economy.   But then, except for the people who are gonna get dumped, most people will never see a difference directly.