Enterprise GP Holdings (EPE) and Enterprise Products Partners (EPD) announced a definitive merger agreement Tuesday morning. EPE unitholders will receive 1.5 EPD common units in exchange for each EPE limited partner unit they own at closing.
Enterprise GP Holdings gapped open sharply higher Tuesday and has continued to gain ground in early trade. Shares are now up 5.85 at $55.75 on above average volume. The stock has surged past resistance and has set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.