Summit Midstream Acquires Tall Oak Midstream in $450M Deal

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Summit Midstream has announced its agreement to acquire Tall Oak Midstream in a transaction valued at approximately $450 million, which will be paid in both cash and stock. This strategic acquisition is expected to enhance Summit Midstream’s operational capabilities and expand its presence in the market. The deal underlines Summit Midstream’s commitment to growth and strengthening its portfolio.

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