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Sunday 11 October 2015
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Notable Runners - Delek US Holdings, Inc. (NYSE:DK), VMware, Inc. (NYSE:VMW), Tyco International PLC (NYSE:TYC), Crestwood Equity Partners LP (NYSE:CEQP)

On Friday, Shares of Delek US Holdings, Inc. (NYSE:DK), gained 0.58% to $31.16.

Delek US Holdings, declared that Uzi Yemin, Chairman, President and CEO, Assi Ginzburg, EVP and CFO, and other members of administration took part in the Barclays CEO Energy-Power Conference in New York, New York on Thursday, September 10, 2015.

Delek US Holdings, Inc. operates as an integrated downstream energy company that operates in petroleum refining, wholesale distribution, and convenience store retailing businesses.

Shares of VMware, Inc. (NYSE:VMW), inclined 1.64% to $80.56, during its last trading session.

VMware, introduced two new technology previews — VMware vSphere Integrated Containers and VMware Photon Platform — to empower enterprise IT operations teams to deliver containers in production on-premises and on VMware’s public cloud, VMware vCloud Air.

VMware is expanding its cloud-native technology portfolio with two new projects that promise to improve the developer experience for building applications using container technology while addressing enterprise IT requirements. VMware’s cloud-native technology portfolio is being designed to meet IT requirements across security and isolation, service-level agreements, data persistence, networking services and administration.

“Recently, VMware is announcing foundational infrastructure that will enable customers to deploy cloud-native applications in production with confidence,” said Ray O’Farrell, chief technology officer and chief development officer, VMware. “It’s all about choice. Customers will be able to jumpstart their container initiatives on top of their existing VMware vSphere environments or consume new infrastructure designed specifically for cloud-native applications.”

VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures. Its solutions enable organizations to aggregate multiple servers, storage infrastructure, and networks together into shared pools of capacity.

At the end of Friday’s trade, Shares of Tyco International PLC (NYSE:TYC), gained 0.64% to $35.96.

Tyco International plc, declared the redemption price for the 8.500% Notes due 2019 issued by its partner, Tyco International Finance S.A.. The formerly revealed optional redemption by TIFSA of all of the outstanding Notes will be accomplished on Sept. 16, 2015.

The redemption price for the Notes is 122.075% of the principal amount redeemed, plus accrued and unpaid interest thereon up to, but not taking into account, the Redemption Date.

Tyco International Ltd. designs, sells, installs, and services security, fire detection, suppression, and life safety products worldwide. It operates in three segments: North America Installation & Services, Rest of World Installation & Services, and Global Products.

Finally, Crestwood Equity Partners LP (NYSE:CEQP), ended its last trade with -0.38% loss, and closed at $2.64.

Crestwood Equity Partners LP and Crestwood Midstream Partners LP, declared that Crestwood Equity’s Registration Statement on Form S-4 has been declared effective by the Securities and Exchange Commission, and that Crestwood Midstream has filed a proxy statement with the SEC. Crestwood Midstream will hold a special meeting for its unitholders to vote on proposals related to the merger on September 30, 2015 at 10:00 a.m. Central Time, at 700 Louisiana Street, Suite 2550, Houston, TX 77002.

Crestwood Midstream unitholders of record at the close of business on August 24, 2015, will be entitled to receive notice of and to vote at the special meeting, and Crestwood Midstream will commence mailing proxy materials to its unitholders on or about September 1, 2015. At the special meeting, Crestwood Midstream unitholders will meet to (i) consider and vote upon the approval of the Agreement and Plan of Merger dated as of May 5, 2015, by and among Crestwood Equity, Crestwood Equity GP LLC, CEQP ST SUB LLC, MGP GP, LLC, Crestwood Midstream Holdings LP, Crestwood Midstream, Crestwood Midstream GP LLC, and Crestwood Gas Services GP LLC, as it may be amended from time to time, and the merger transactions contemplated thereby; (ii) consider and vote upon the approval of the proposal to adjourn the special meeting, if necessary, to solicit additional proxies if there are not sufficient votes to approve the merger agreement; and (iii) transact such other business as may properly be presented at the meeting or any adjournments or postponements of the meeting.

On May 5, 2015, Crestwood Equity and Crestwood Midstream declared they had reached a definitive agreement to merge the two publicly traded partnerships and simplify Crestwood’s corporate structure into a single publicly traded partnership. As part of the merger consideration, Crestwood Midstream common unitholders and preferred unitholders, other than Crestwood Equity or its auxiliaries (the “Crestwood Midstream preferred unitholders,” and together with the Crestwood Midstream common unitholders, “the Crestwood Midstream unitholders”), will become unitholders of Crestwood Equity in a tax free exchange, with Crestwood Midstream unitholders receiving 2.75 common units of Crestwood Equity for each unit held at the completion of the merger. Following the merger, Crestwood Midstream common units will cease to be listed on the NYSE and its incentive distribution rights will be eliminated.

Crestwood Equity Partners LP provides midstream solutions to customers in the crude oil, natural gas liquids (NGLs), and natural gas sectors of the energy industry in the United States. It operates through three segments: Gathering and Processing; Storage and Transportation; and NGL and Crude Services.

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