Regency unitholders approve merger with ETP

Energy Transfer Partners LP (NYSE: ETP) and Regency Energy Partners LP (NYSE: RGP) confirm that Regency unitholders have voted to adopt the merger agreement dated as of Jan. 25, as amended, by and among Regency, ETP, their respective general partners, certain wholly owned subsidiaries of ETP, ETE GP Acquirer LLC and, solely for certain provisions therein, Energy Transfer Equity LP (NYSE: ETE), pursuant to which Regency will become a wholly owned subsidiary of ETP.

Based on the results, 99.6% of the units voted at a special meeting voted in favor of adoption of the merger agreement. The votes in favor of the merger agreement constituted more than a majority of Regency’s units outstanding as of the record date, as required for adoption of the merger agreement.

The merger is expected to close on April 30.

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