Provident’s Review of Strategic Alternatives for its Interests in BreitBurn Entities
July 31st, 2008BreitBurn Energy Partners L.P has recently reported that that members of its senior management, in their individual capacity, together with Metalmark Capital Partners and Greenhill Capital Partners, have entered into a purchase and sale agreement with Provident Energy Trust (“Provident”) to acquire Provident’s indirect ownership of a 96.017% interest in BreitBurn Energy Company LP (“BEC”). [...]