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Denver-based MarkWest Energy Partners agreed to buy the 49 percent of MarkWest Liberty Midstream & Resources that it doesn’t own from The Energy & Minerals Group for about $1.8 billion in cash and units.
The price includes $1 billion in cash, according to a statement Monday. The 19.95 million new Class B units MarkWest will issue to Energy & Minerals are worth $750 million to $850 million, said MarkWest chief executive Frank Semple.
