Tallgrass Shareholders Approve $4B Buyout

One of the biggest deals of 2019 has closed.

Shareholders of Leawood-based Tallgrass Energy, LP, have approved the $4-billion sale of the company to private-equity giant Blackstone, Spain-based energy corporation Enagas and other interests.

The investors paid $22.45 each for Tallgrass’ outstanding class A shares and bringing it private.

Founded in 2012 and headed up by CEO William Moler, Tallgrass transports crude oil and natural gas from basins in the Rocky Mountains, Upper Midwest and Appalachian regions through nearly 10,000 miles of owned pipeline.