Summit Midstream Partners Unitholders Approve Conversion to C-Corporation

Summit Midstream Partners (SMLP) said late Thursday that its unitholders have voted to approve the conversion from a master limited partnership to a C-corporation.

Over 88% of votes cast during a special meeting held Thursday were in favor of the reorganization, the company said.

The conversion is expected to take effect on Aug. 1, pending customary closing conditions, Summit Midstream said.