ONEOK buys Magellan Midstream Partners

TULSA - ONEOK has acquired Magellan Midstream Partners in a $18.8 billion merger that created one of the largest energy pipeline companies in the US. The transaction closed Monday, Sept. 25 after ONEOK shareholders and Magellan unitholders announced last Thursday that they had approved the merger in respective special meetings. 'We are very pleased with the strong support from ONEOK…