Marlin Midstream Partners changes name to Azure Midstream Partners
Marlin Midstream Partners has changed its name to Azure Midstream Partners, effectively immediately, the company announced on Wednesday.
The change is being made to give aligned identity to the Azure family of companies, Azure's employees and customers, and Azure's general partner.
Also effective immediately, the general partner of Azure changed its name to Azure Midstream Partners GP, LLC.
"We are proud to introduce the new name of Azure Midstream Partners, LP, which better aligns the identity of Azure with that of our general partner and affiliated companies," said I.J. "Chip" Berthelot II, CEO of Azure.
New York Stock Exchange Listing
Azure also submitted written notice to NASDAQ Global Market to voluntarily delist its common units, and applied to list its common units on the New York Stock Exchange (NYSE).
Management said it determined that the listing of Azure's common units on the NYSE is in the best interest of unitholders and the NYSE is better aligned with Azure's growth strategy, corporate identity and corporate governance structure.
Azure says it intends to file a Form 25 with the Securities and Exchange Commission to effect the proposed delisting from NASDAQ. The delisting from NASDAQ is expected to become effective following the close of business on May 28, 2015, and Azure's common units are expected to commence trading on the NYSE at market open on May 29, 2015 under the ticker AZUR.
Until the transfer is complete, Azure's common units will continue to trade on NASDAQ under the ticker FISH.
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