Plains All American Pipeline, L.P. (NYSE: PAA )
today announced that it has entered into a definitive purchase and sale
agreement with Occidental Petroleum Corporation for the purchase by PAA
of Occidental’s 50% interest in BridgeTex Pipeline Company LLC
(“BridgeTex”) for $1.075 billion.
for Plains All American Pipeline, L.P. Enters into Agreement to Acquire 50% Interest in BridgeTex Pipeline Company from Occidental Petroleum Corporation investment picks