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Natural Resource Partners L.p. To Acquire Vantacore Partners Lp - Yahoo Finance

Natural Resource Partners LP logo NRP is focused on dedicating more capital to the construction materials industry, and this http://beengtrusdumbcil.bloghi.com acquisition brings us the experienced team that will allow NRP to make that happen." "We are thrilled to become part of the NRP team, and look forward to utilizing NRP's kim kardashian video with ray capital and industry knowledge to continue to grow our business," said Colin Oerton, VantaCore's http://georgianae.soup.io Chief Executive Officer. The acquisition is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. As consideration for the acquisition, NRP plans to issue approximately $36 million in NRP common units to certain of the sellers, kim kardashian style including Kayne Anderson and Hartz Alternative Investments, and to fund the remainder through cash and borrowings under NRP (Operating) LLC's revolving credit facility. Company Profile Natural Resource Partners L.P. ("NRP") is a master limited partnership headquartered in Houston, TX, with its operations headquarters in Huntington, WV. NRP is principally engaged in the business of owning and managing mineral reserve properties. NRP owns interests in coal, aggregates and industrial minerals, and oil and gas acrossthe United Statesthat generate royalty and other income for the partnership. In addition, NRP owns an equity investment in OCI Wyoming, a trona/soda ash operation, and owns non-operated working interests in oil and gas properties. For additional information, please contact Kathy H. Roberts at 713-751-7555 or kroberts@nrplp.com . Further information about NRP is available on the partnership's website at http://www.nrplp.com .
Source: http://finance.yahoo.com/news/natural-partners-l-p-acquire-120000798.html

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