Fulbright Reps Enbridge In $682M Atlas Deal

Law360, New York (July 28, 2010, 5:12 PM EDT) -- Atlas Pipeline Partners LP announced Wednesday that it had agreed to sell its Elk City, Okla., natural gas gathering and interstate transmission system to Enbridge Energy Partners LP for $682 million in cash.

The transaction is structured as a sale of 100 percent of the equity interests in Elk City Oklahoma GP LLC and Elk City Oklahoma Pipeline LP — which collectively and indirectly own the Elk City system — to Enbridge.

The companies expect the deal to close in the third or fourth quarter of...
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