SemGroup Given Final Payment

SemGroup will get no more money to stay open. 

Thursday, September 18th 2008, 4:59 pm

By: News On 6


SemGroup will get no more money to stay open.  A bankruptcy judge approved the final $25 million payment to keep the energy company in business while it sells off its assets to pay creditors. 

On Wednesday, the same judge approved a plan to keep paying key employees while SemGroup tries to re-organize after bankruptcy.

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