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American Midstream Partners (AMID) Is Rising On Revised Takeover Offer

American Midstream Partners (AMID) announced after the bell Thursday that it has received a revised takeover offer from an affiliate of ArcLight of $4.50 per common unit.

American Midstream Partners gapped open higher Friday morning and is now up 0.80 at $3.95 on above average volume. The stock has jumped to a 1-week high.

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