Enterprise buys Teppco in $3.3 billion stock deal that will control 48K miles of pipelines

HOUSTON — Enterprise Products Partners LP will acquire Teppco Partners LP in a sweetened all-stock deal worth about $3.3 billion, forming what the two pipeline operators say will be the nation’s largest publicly traded energy partnership.

Enterprise to buy Teppco, forms largest publicly traded energy partnership

NEW YORK — Enterprise Products Partners says it will merge with Teppco to form the largest publicly traded energy partnership with an enterprise value of more than $26 billion.