Shareholders of Leawood energy company sign off on $6.3B sale to Blackstone group

Tallgrass Energy LP shareholders on Thursday approved a sale estimated at $6.3 billion to a group led by Blackstone that will close on Friday and take the Leawood company private.

The Blackstone Group LP-led group will acquire all outstanding Class A shares of Tallgrass for $22.45 cash, the companies announced in a Thursday release. Noting that the agreement predated the coronavirus-related market crash, Reuters estimated the deal’s value at $6.3 billion.

The deal, announced in December, added…

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