Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP Market Cap Index
AMERIGAS PARTNERS (APU)
Last amerigas partners earnings: 8/5 06:45 pm
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US:NYSE Investor Relations:
investors.amerigas.com/investor-relations/ir-home/default.aspx
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Source: PR Newswire
DALLAS, Aug. 14, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® MLP Market Cap Index (the "Index"). On April 1, 2019, Index constituent AmeriGas Partners, L.P. (NYSE: APU) entered into a merger agreement with UGI Corporation that would result in APU common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the APU common units. A special meeting of APU unitholders will be held on August 21, 2019, to vote on the merger agreement. Per the Index's methodology guide, this event will result in a constituent replacement. Accordingly, after the market closes on August 21, 2019, and effective on August 22, 2019, Crestwood Equity Partners LP (NYSE: CEQP) will replace APU as a constituent of the Index at APU's then-current weight.There will be no changes to the remaining constituents of the Index due to this event.ABOUT THE CUSHING® MLP MARKET C
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