Transmontaigne Partners L.P. (NYSE:TLP) announced the sale of its 50% interest in the previously announced Battleground Oil Specialty Terminal Company LLC (BOSTCO) project to a subsidiary of Kinder Morgan Energy Partners, L.P., or Kinder Morgan. TLP received cash consideration equal to its investment plus a transferrable option to buy 50% of Kinder Morgan's interest at any time prior to January 20, 2013.
TransMontaigne Partners L.P. operates as a terminaling and transportation company.
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