Crestwood to Acquire Natural Gas Services
July 26, 2010- Share:
Crestwood Midstream Partners has agreed to acquire Quicksilver Gas Services, an operator of a natural gas gathering and processing business, from Quicksilver Resources for $701 million in cash. Quicksilver Resources may also receive another $72 million in earn-out payments. Crestwood is backed by The Blackstone Group, First Reserve, GSO Capital and Kayne Anderson Capital Advisors.
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