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Wednesday, September 3, 2014

Deals of the day- Mergers and acquisitions, (NYSE: BPL), (NASDAQ: CG)

The following bids, mergers, acquisitions and disposals were reported by 1020 GMT on Wednesday: ** Private equity firms Carlyle Group LP and Fountainvest Partners have pulled out of a consortium backing a $1.9 billion bid to purchase U.S. listed online games developer Shanda Games Ltd, Shanda said on Wednesday.** Buckeye Partners LP said it would pay $860 million for 80 percent of Trafigura AG's membership interests in certain midstream assets linking South Texas to the Gulf Coast.

Buckeye Partners, L.P. (Buckeye) is a master limited partnership. Shares of BPL traded higher by 0.1% or $0.08/share to $79.08. In the past year, the shares have traded as low as $62.00 and as high as $84.91. On average, 371139 shares of BPL exchange hands on a given day and today's volume is recorded at 283963.

Shares of CG fell by 1.26% or $-0.42/share to $32.84. In the past year, the shares have traded as low as $24.95 and as high as $39.38. On average, 379925 shares of CG exchange hands on a given day and today's volume is recorded at 219895.



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