ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) announced a definitive agreement under which ONEOK will acquire all of the outstanding common units of ONEOK Partners it does not already own for $9.3 billion in ONEOK common stock. Under the agreement, each outstanding common unit of ONEOK Partners that ONEOK does not already own will be converted into .985 shares of ONEOK common stock, representing a 22.4 percent premium to the ONEOK Partners closing price on Jan. 27, 2017.
Morrow Sodali is serving as the proxy solicitor for ONEOK, Inc and ONEOK Partners.
Related News
Shareholder activism: the reality of an escalating threat in Spain
08 June 2025
Sodali & Co improves ranking across the board as UK Financial PR adviser to FTSE companies
03 June 2025
Hayden Mattiske Joins Judging Panel for the 75th Australasian Reporting Awards
05 May 2025
CSRD and Omnibus: Implications of Recent Changes on Corporate Disclosure
24 April 2025
Media enquiries
To contact our global experts for comments please get in touch below.
Contact us chevron_right