U.S. Federal Trade Commission: FTC approves Energy Transfer Partners' sale of Heritage Propane Express to JP Energy Partners
( June 1, 2012, 16:58 GMT | Official Statement) -- MLex Summary: Following a public comment period, the Federal Trade Commission has approved an application by Energy Transfer Partners to sell its Heritage Propane Express business to JP Energy Partners. The sale was required by a settlement order under which the commission allowed AmeriGas Partners to acquire the propane assets of Energy Transfer Partners, but only after the parties excluded Heritage Propane Express from their transaction.Statement appears in full as follows:...
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