MarkWest Hydrocarbon to Review Restructuring Alternatives With MarkWest Energy Partners
22 Febbraio 2007 - 2:00AM
PR Newswire (US)
DENVER, Feb. 21 /PRNewswire-FirstCall/ -- MarkWest Hydrocarbon,
Inc. (AMEX:MWP) (the "Company"), today announced that it has
appointed an independent committee of its Board of Directors to
review a possible sale to, business combination with, or other
potential restructuring alternatives involving MarkWest Energy
Partners, L.P. (AMEX:MWE) (the "Partnership"), with the objective
of enhancing stockholder value. The Company advised that there can
be no assurance that this review process will result in any
specific transaction. The Company does not intend to disclose
developments regarding its review of structuring alternatives
unless and until its Board of Directors approves a definitive
transaction or otherwise has reached a definitive conclusion
regarding a transaction. The independent committee of the Board of
Directors intends to retain a financial advisor to assist it in its
review. MarkWest Hydrocarbon, Inc. (AMEX:MWP) controls and operates
MarkWest Energy Partners, L.P. (AMEX:MWE), a publicly traded
limited partnership engaged in the gathering, processing and
transmission of natural gas; the transportation, fractionation and
storage of natural gas liquids; and the gathering and
transportation of crude oil. The Company also markets natural gas
and NGLs. DATASOURCE: MarkWest Hydrocarbon, Inc. CONTACT: Frank
Semple, President & CEO, or Nancy Buese, CFO, or Andy
Schroeder, VP Finance & Treasurer, all of MarkWest Hydrocarbon,
Inc., +1-866-858-0482, or fax, +1-303-290-8769, Web site:
http://www.markwest.com/
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