| 2017-05-19 18:11:43|
PTXP, ETP 18:11 05/19 05/19/17
PennTex board to review unsolicited tender offer from Energy Transfer Partners
"PennTex Midstream Partners (PTXP) confirmed that our affiliate and owner of our general partner, Energy Transfer Partners, L.P. (ETP), has commenced an unsolicited tender offer to acquire all of the outstanding common units representing limited partner interests in the Partnership for $20.00 per unit in cash. The board of directors of our general partner intends to advise unitholders of its formal position regarding the tender offer within ten business days of its commencement by making available to unitholders and filing with the Securities and Exchange Commission a solicitation/recommendation statement on Schedule 14D-9."