American Midstream sells marine products terminals unit for $210M [Seeking Alpha]
Argent Mid Cap ETF (AMID)
Last argent mid cap etf earnings: 8/8 06:30 am
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US:NYSE Investor Relations:
americanmidstream.com/investor-relations
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Source: Seeking Alpha
American Midstream sells marine products terminals unit for $210MAmerican Midstream Partners (NYSE:AMID)agrees to sell its Marine Products Terminals business to unnamed institutional investors for ~$210M.AMID says the sale is part of its previously announced non-core asset divestiture program, and proceeds will be used to reduce debt.AMID's Marine Products Terminals unit includes the Harvey and Westwego terminals located in the Port of New Orleans and the Brunswick terminal in Georgia.Click to subscribe to real-time analytics on AMIDNow read:A 15% Yield With A Discounted Buyout Backdoor »
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