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USA Compression Partners will acquire Energy Transfer Partners' compression business, CDM, adding 1.6 million horsepower of gas compression fleet. The transaction is valued at about $1.8 billion, including $1.225 billion in cash consideration to ETP.
“providing for (i) the contribution of ETP's subsidiaries, CDM Resource Management LLC and CDM Environmental & Technical Services LLC”ir.energytransfer.com
Summarized from public sources; check the original articles before acting on it.