Name: OKE & MMP Announce $60B Value After Merger
Uploaded: 2023-05-15T20:48:32.072
Duration: 1 min 51 s
Description: Oneok (OKE) and Magellan Midstream (MMP) announce merger agreement. Renita Young discusses this deal as consideration will consists of $25 in cash and 0.6670 shares of OKE for each outstanding MMP common unit, a 22% premium. The combined companies will have a total enterprise value of $60B. Tune in to find out more about the stock market today.

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Oneok (OKE) and Magellan Midstream (MMP) announce merger agreement. Renita Young discusses this deal as consideration will consists of $25 in cash and 0.6670 shares of OKE for each outstanding MMP common unit, a 22% premium. The combined companies will have a total enterprise value of $60B. Tune in to find out more about the stock market today.

OKE & MMP Announce $60B Value After Merger

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.