AmeriGas is working to finalize Heritage Propane acquisition

01/8/2012 | Independent Record (Helena, Mont.)

AmeriGas Propane is still finalizing its deal with Energy Transfer Partners to purchase Heritage Propane for $2.9 billion. "There is nothing definitive" at the moment about the acquisition plan, said Heritage Propane Senior Vice President of Marketing and Operations Stephen Sheffield. AmeriGas must secure a permit from the Federal Trade Commission for the deal, although the FTC is expected to decide on the matter soon.

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Independent Record (Helena, Mont.)