Summit Midstream Partners LP, the natural-gas pipeline partnership that’s increased 54 percent since its September initial public offering, announced $460 million of acquisitions in the Bakken and Marcellus Shale regions to boost investor payout.
Cory Booker strides to the lectern at a June reception honoring hedge-fund founder Bill Ackman. Pershing Square Foundation, Ackman’s philanthropic organization, had pledged more than $25 million since 2007 to help Booker’s poverty-wracked Newark, New Jersey, improve schooling, enhance parks and find jobs for ex-convicts.
Dun & Bradstreet Inc., the 171-year- old provider of business data and risk-management services, tumbled the most in three months after sluggish North American sales dragged down the company’s fourth-quarter results.
Evercore Partners Inc., the boutique investment bank founded by Roger Altman, is exploring a sale of insurance broker Bollinger Inc. that may fetch as much as $400 million, said people with knowledge of the matter.