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Crestwood Credits Merger Deals for Robust Growth in Shale Sector
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Crestwood Midstream Partners LP has reported its financial results for the three months and year ended December 31, 2013.
As previously announced, Crestwood Midstream Partners LP merged into Inergy Midstream, L.P. on October 7, 2013. The merger of Legacy Crestwood and Legacy Inergy followed the acquisition by Crestwood Holdings Partners LLC of Legacy Inergy’s general partner, Inergy, L.P. on June 19, 2013. Immediately following the completion of the merger on October 7, 2013, Legacy Inergy and Inergy, L.P. changed their names to Crestwood and Crestwood Equity Partners LP, respectively. The Crestwood merger was accounted for as a reverse merger between entities under common control in accordance with accounting standards for business combinations. Accordingly, results prior to June 19…
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