Akin Gump Advises Tallgrass Energy GP in Acquisition, Evaluation of Tallgrass Energy Organizational Structure
(Houston) – Tallgrass Energy GP, LP (“TEGP”) today announced that Tallgrass Equity, LLC, a subsidiary of TEGP, has acquired a 25.01 percent membership interest in Rockies Express Pipeline LLC and 5,619,218 TEP common units from Tallgrass Development, LP (“TD”) for equity interests in TEGP and Tallgrass Equity valued at approximately $644.8 million. A team from Akin Gump advised the conflicts committee of the board of directors of Tallgrass Energy GP in the transaction.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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