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Magellan Picks Up Support of Big Investor for Merger but Deal Outlook Remains Cloudy

Por: MarketWatch Business September 20, 2023

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Andy Hicks, the senior vice president for portfolio management at SS&C ALPS Advisors, said in an email to Barron’s Tuesday that the firm is following the recommendation of Institutional Shareholder Services, an influential proxy advisory firm, which recently backed the deal between the two energy pipeline companies. Magellan is a partnership and Oneok is a corporation. While the deal looks like it will gain shareholder approval, it’s far... + full article



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