American Midstream receives revised buyout offer from ArcLight

The other proposed terms of the potential transaction remain as set forth in the original non-binding proposal announced on 28 September 2018.

The proposed transaction remains subject to a number of contingencies, including the approval of the Conflicts Committee of the GP Board, the approval by holders of a majority of the outstanding common units of the Partnership, and the satisfaction of any conditions to the consummation of a transaction set forth in any definitive agreement concerning the transaction.

There can be no assurance that definitive documentation will be executed or that any transaction will materialise on the terms described above or at all.