Buckeye Partners, L.P. & Buckeye GP Holdings L.P. Announce Merger Approved by Shareholders

Buckeye Partners, L.P. (NYSE: BPL) and Buckeye GP Holdings L.P. (NYSE: BGH) announced that their respective unitholders have approved their proposed merger. At separate special unitholder meetings today, approximately 30.6 million BPL LP units, or 59.3% of the BPL LP units outstanding and entitled to vote, and approximately 23.5 million BGH common units and management units, or 83.2% of the BGH common units and management units outstanding and entitled to vote, voted in favor of the merger