• On July 24, Breitburn Energy Partners agreed to buy QR Energy in a mostly stock and assumed debt deal worth ~$1.67 billion, giving QR a 19% premium on recent share prices. QR units rose 9% on the news, while Breitburn units fell 2%. The only cash involved will be $350 million for certain QR preferred unitholders. Breitburn says it will become the largest MLP producing mostly oil, at 57,300 boepd (67% liquids). Annual......
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