April 3 (Reuters) - Legacy Reserves LP:
* Announces receipt of 'going private' proposal
* Says proposal from Apollo Management VII, LP to acquire Legacy at $14 per
unit in cash
* Says conflicts committee of the board of directors will consider the proposal
* Says Apollo states Legacy's management and employees will remain in place
following proposed deal
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces receipt of 'going private' proposal
* Says proposal from Apollo Management VII, LP to acquire Legacy at $14 per
unit in cash
* Says conflicts committee of the board of directors will consider the proposal
* Says Apollo states Legacy's management and employees will remain in place
following proposed deal
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.