Energy Transfer Partners to sell Heritage Propane to AmeriGas

Energy Transfer Partners recently announced its plan to sell Heritage Propane to AmeriGas Propane under a $2.9 billion deal, which is expected to close this year or early next year. The deal's impact on Heritage Propane's employees is still unknown, but the company is denying rumors that it will lay off people because of the sale. "Now, and for the near-term, it's business as usual," said Stephen Sheffield, Heritage Propane's senior vice president of marketing and operations.

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Independent Record (Helena, Mont.) · KXLH-TV (Helena, Mont.)