Bankrupt Refinery Owner Floats $100M EnCap Deal

By Andrew Scurria (September 17, 2014, 5:53 PM EDT) -- The bankrupt owner of a Texas asphalt refinery caught up in a bitter family feud unveiled plans Wednesday to sell it for $100 million to a portfolio company of private equity firm EnCap Flatrock Midstream, enough to pay off creditors in full and leave equity holders in the money....

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