DALLAS (WBAP/KLIF News) – The Dallas-based company behind a controversial pipeline is being bought out by a competitor.
Sonoco Logistics is buying Energy Transfer Partners in a $20 billion stock deal.
The sale comes as Energy Transfer Partners remains in the middle of a heated debate over the proposed Dakota Access Pipeline.
The $3.8 billion proposal has been protested for months by the Standing Rock Sioux Tribe, whose reservation lies near the pipeline route.
Copyright 2016. WBAP/KLIF News. All Rights Reserved.
