Magellan Midstream Urges Unitholders to Vote "FOR" ONEOK Merger in Advance of Sept. 21 Special Meeting
Provided By PR Newswire
Last update: Aug 16, 2023
Mailing and Video with President and CEO Aaron Milford Available on MaximizingValueforMMPunitholders.com
TULSA, Okla., Aug. 16, 2023 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) ("Magellan") today mailed materials to unitholders in connection with our pending merger with ONEOK, Inc. (NYSE: OKE) ("ONEOK") under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction consisting of $25.00 in cash and 0.667 shares of ONEOK common stock for each outstanding Magellan common unit.
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