By Will Feuer
Shares of Summit Midstream Partners rose after the energy infrastructure partnership said its board has engaged advisers to consider strategic alternatives, including a potential sale.
The stock climbed more than 14% to $15.63 in premarket trading. Through Monday’s close, shares were down more than 18% this year.
The company said earlier Tuesday that it has recently received interest from third parties for a potential deal, which could range from a partial sale to a complete takeover or a refinancing.
While the board mulls any potential deal, management is focused on operations, the company said.
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