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HOUSTON , Dec. 2, 2024 /PRNewswire/ --Summit Midstream Corporation SMC ("Summit", "SMC" or the "Company") announced today that it and its wholly owned subsidiary, Summit Midstream Partners, LP (the "Partnership"), received shareholder approval and has completed the previously announced acquisition of Tall Oak Midstream Operating, LLC and its subsidiaries (collectively, "Tall Oak" or "Tall Oak Midstream III") from an affiliate of Tailwater Capital LLC ("Tailwater Capital") for $155 million of cash, 7.5 million common units of the Partnership and associated 7.5 million shares of SMC Class B Common Stock (the "Equity Consideration"), and up to $25 million contingent consideration in cash over certain measurement periods through March 31, 2026 . This strategic acquisition marks a significant milestone in Summit's growth strategy, rebalancing its portfolio to approximately 50% natural gas-oriented drilling activities and increasing scale in a credit and value accretive manner. Pro forma for the transaction, SMC's total leverage ratio, as of September 30, 2024 , is approximately 3.8x. On November 29, 2024 , SMC held a virtual special meeting of its stockholders via live audio webcast to vote on the proposed equity to be issued for the acquisition (the "Special Meeting"). Approximately 76.7% of the shares of common stock entitled to vote as of the record date for the Special Meeting were represented in person or by proxy at the Special Meeting, and approximately 99.8% of the total votes cast were in favor of the proposal. About Summit Midstream Corporation SMC is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States . SMC provides natural gas, crude oil and produced water gathering, processing and transportation services pursuant to primarily long-term, fee-based agreements with customers and counterparties in five unconventional resource basins: (i) the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota ; (ii) the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming ; (iii) the Fort Worth Basin, which includes the Barnett Shale formation in Texas ; (iv) the Arkoma Basin, which includes the Woodford and Caney shale formations in Oklahoma ; and (v) the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado . SMC has an equity method investment in Double E Pipeline, LLC, which provides interstate natural gas transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas . SMC is headquartered in Houston, Texas . Forward-Looking Statements This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements include, without limitation, any statement that may project, indicate or imply future results, events, performance or achievements and may contain the words "expect," "intend," "plan," "anticipate," "estimate," "believe," "will be," "will continue," "will likely result," and similar expressions, or future conditional verbs such as "may," "will," "should," "would," and "could." In addition, any statement concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies and possible actions taken by SMC or its subsidiaries are also forward-looking statements. Forward-looking statements also contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause SMC's actual results in future periods to differ materially from anticipated or projected results. An extensive list of specific material risks and uncertainties affecting SMC is contained in SMC's Quarterly Report on Form 10-Q for the Quarter ended September 30, 2024 filed with the SEC. Any forward-looking statements in this press release are made as of the date of this press release and SMC undertakes no obligation to update or revise any forward-looking statements to reflect new information or events. View original content to download multimedia: https://www.prnewswire.com/news-releases/summit-midstream-corporation-completes-acquisition-of-tall-oak-midstream-iii-302319869.html SOURCE Summit Midstream Corporation © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Will the College Football Playoff just around the corner, this marks the first year that the bracket is expanding from just four teams to twelve. But it also means there are some changes being made regarding payouts to college conferences with schools competing in the playoff. The Football Bowl Division, commonly referred to as the FBS, is the highest level of college football in the United States and consists of over 100 teams in 10 conferences. But of those 100 teams, just 12 will advance into the College Football Playoff. RELATED STORY | NCAA, leagues sign off on $2.8 billion plan, setting stage for dramatic change across college sports Each conference will receive different payouts based on the number of teams in the conference that make the College Football Playoff. But those teams will be eligible to earn even more money for their conference the further they advance. For the 2024-2025 College Football Playoff: A conference will receive $300,000 for each of its teams in the College Football Playoff that meets the NCAA Academic Progress Rate, which is essentially a team-based metric to hold colleges accountable for their student-athletes' academics. A conference will receive $4 million for each team that makes the 12-team CFP and an additional $4 million for each team to advance to the quarterfinals (eight schools). A conference will receive $6 million for each team that advances to the semifinal (four schools) and an additional $6 million for each team that advances to the national championship game (two schools). Each team that participates in the College Football Playoff will receive $3 million to cover expenses each round. RELATED STORY | States sue NCAA, saying organization unfairly restricts players' sponsorship opportunitiesThe premiere of Secret Level, Amazon Prime Video's anthology series adapting video game franchises, is almost here. In the weeks leading up to the debut on December 10, the studio behind the animated show has been steadily dropping teasers for each episode of the season. Today, we got a deeper look at the episode focusing on Armored Core, which stars Keanu Reeves as the central character. In addition to a trailer posted on social media that gave a broad look at the action-packed mecha combat, Prime Video also shared a secret teaser for the episode, which requires viewers to put in a unique code to watch on the official site. In this teaser, we see a day in the life of Keanu Reeves' character, a nameless mercenary and mech pilot who gets ready for a mission. He's also speaking with his AI companion, who offers playful banter as he prepares to suit up in his AC. He has a similar cadence and prickly attitude as Johnny Silverhand, yet Reeves delivers his lines as more of a person stuck in a dangerous job with nowhere to turn – which is totally on brand for the bleak setting of Armored Core. What's interesting about the upcoming episode of Armored Core for Secret Level is that it'll offer what is, so far, the most character-focused storytelling that FromSoftware 's series has seen yet. While the AC series features some intriguing storytelling and some fascinating – and bleak – lore, it's never been entirely about the characters in that world and more about how the world and larger universe have turned to using pilots in mechs to confront the growing conflicts skirmishes between civilizations. 2022's Armored Core 6: Fires of Rubicon presented the most developed plot of the series, but even then, it still left its character mainly in the background to its larger plot. So it'll be interesting to see just how the episode will work when it's not focused on plot and spectacle. The upcoming show will focus on multiple franchises, which include God of War, Mega Man, Dungeons & Dragons, New World, Sifu, and Warhammer 40K, to name a few. One episode that many people are anticipating is for the ill-fated Concord, which closed service only weeks into its launch . A teaser shared recently showcased some new characters not seen in the game, which gave a glimpse into the kind of storytelling and characters that were planned for the game if it had been successful. Secret Level's creator, Tim Miller, stated that he felt "terrible" for the development team of Concord after all the hard work they put into the game . Still, he sees the episode as an opportunity to show the universe's potential that Firewalk Studios envisioned. Secret Level is looking to be an exciting show so far, especially with Keanu Reeves involved. This will also be Reeves' second role in a video game adaptation releasing in December, as he'll be voicing Shadow the Hedgehog in the live-action movie Sonic the Hedgehog 3. If you want to see more things to watch right now, check out our best Amazon shows and the best Amazon movies guides.

Black Friday is technically over, but we're going through all sales right now and finding the tech items still on sale, so you know what you're seeing is, literally, the best buy. Also: The best Black Friday deals: Live updates Our favorite Black Friday Best Buy deals LG 65-inch Class C4 Series evo 4K TV for $1,500 (save $300) : The high color accuracy, perfect contrast, and wide viewing angles of this OLED display TV come with an amazing price drop. Apple 10.2-Inch iPad (64GB) for $200 (save $130) : Highlights of this ninth-generation iPad include a Retina display with 2160 x 1620 resolution, an A13 Bionic chip with Neural Engine, front- and rear-facing cameras, and up to 10 hours of battery life. Sonance Mag Series Outdoor Rock Speaker System for $500 (save $500) : This discreet, weather-resistant audio solution blends seamlessly into outdoor environments, with two satellite rock speakers and a 10" rock woofer for immersive, full-bodied audio in any backyard or garden setting. Samsung 27-inch Odyssey G-Sync Gaming Monitor for $200 (save $150) : Grab this high-performance display featuring a fast 240Hz refresh rate, 1ms response time, G-Sync compatibility, and a stunning Full HD IPS panel. TCL 65-inch Class Q5 Series 4K TV for $350 (save $200) : One of the best budget TVs features 4K video resolution, a decent QLED panel that gets bright and colorful, and Fire TV software. College Football 25 Standard Edition - PlayStation 5 for $30 (save $40): A college football video game is back for the first time in a decade, and now you can catch it on sale for more than 50% off. Nextbase iQ 4K Smart Dash Cam for $500 (save $200) : In addition to Emergency SOS, Smart Sense Parking, and hands-free voice control, this dash cam has both front- and cabin-facing cameras, making it an essential tool for the driver in your life. ASUS ROG Ally 7" Gaming Handheld for $500 (save $150) : Get games on the go with this Windows-powered gaming handheld with the latest Ryzen Z1 Extreme processor and 120Hz full HD display. Canon - EOS R100 4K Video Mirrorless Camera for $350 (save $250) : Canon's smallest and lightest EOS R series camera, this is a fantastic option for every day shooting or for content creation. Best Buy laptop deals Lenovo Flex 3 15.6-inch Touch-Screen Chromebook Laptop for $329 (save $150) : This versatile 2-in-1 laptop has a 15.6-inch FHD touchscreen display, an Intel Pentium Silver N6000 processor, 8GB RAM, and 64GB of eMMC storage. Samsung Galaxy Book4 15.6-inch FHD Laptop for $530 (save $370) : For 16GB of memory, a powerful Intel Core 7 processor, and 512GB SSD, this is a substantial deal at a great discount. HP 17.3-inch Full HD AMD Ryzen 5 Laptop for $350 (save $280) : Its fast AMD Ryzen 5 processor combined with high-def visuals on a gargantuan screen make this a deal worth considering. ASUS 14-inch Intel Celeron N4500 Laptop for $110 (save $70) : Right now you can get this starter laptop designed for light-duty work for less than the cost of your monthly electric bill. Acer 15.6-inch Aspire 3 Touch Display Laptop for $350 (save $250) : Powered by an AMD Ryzen 5 quad-core processor, the Aspire 3 delivers smooth multitasking capabilities and reliable performance with 8GB RAM and a 512GB SSD. HP Envy 2-in-1 16 for $900 (save $450) : A 2-in-1 laptop featuring a 2K touchscreen display, an Intel Core Ultra 7 CPU, and 2TB SSD. Lenovo Ideapad 1 15 for $420 (save $380) : A budget-friendly 2-in-1 laptop with a 15.6-inch touchscreen display, AMD Ryzen 7 5700U CPU, 512GB SSD, and integrated AMD Radeon graphics. MacBook Air M2 13-inch for $749 (save $250) : An older generation MacBook Air that still has plenty to offer, like a 256GB SSD, 18-hour battery, and Thunderbolt support. HP Victus 15 for $430 (save $370) : A budget-friendly gaming laptop built with an AMD Ryzen 5 7535HC CPU, 8GB of RAM, 512GB SSD, and AMD Radeon RX 6550M graphics card. Also: The best laptops: Expert tested Best Buy TV deals Sony 65-inch Class Bravia 8 OLED Smart Google TV for $1,700 (save $300) : This impressive high-end TV features individual control over 8 million self-illuminating pixels, delivering pure blacks, vibrant colors, and deep contrast for an unparalleled viewing experience. TCL 65-inch Class Q5 Series 4K TV for $350 (save $200) : One of the best budget TVs features 4K video resolution, a decent QLED panel that gets bright and colorful, and Fire TV software. Hisense 58-inch U6 Series Quantum ULED Fire TV for $350 (save $100) : This budget-friendly, feature-rich television combines 4K resolution, Quantum Dot technology, Dolby Vision HDR, and a user-friendly Google TV interface. Pioneer 65-inch LED 4K UHD Smart Xumo TV for $300 (save $200) : Pioneer's affordable and user-friendly TV offers impressive 4K resolution, Dolby Vision HDR10 compatibility, Apple Airplay 2, and an advanced voice remote. Insignia 50-inch Smart Fire TV for $190 (save $110) : The Class F30 Series LED 4K UHD TV is a budget-friendly television that offers a high-resolution display and a range of smart features. Samsung 50-inch Crystal UHD 4K Smart Tizen TV for $250 (save $50) : As another model in Samsung's DU6900 Series, this TV offers Crystal UHD display, smart features powered by the Tizen operating system, and a sleek design. TCL 98-inch Class QM7-Series 4K QD-Mini LED TV for $2,000 (save $2,000) : This 98-inch TV is enormous, but so is the discount (50% off). If you want to go BIG with your viewing experience, there's no denying this is a tremendous deal. Best Buy appliance deals LG 7.4 Cu. Ft. Stackable Smart Electric Dryer for $800 (save $300) : This energy-efficient dryer features a spacious drum, TurboSteam technology to reduce wrinkles and odors, and AI technology that automatically selects optimal drying settings for enhanced fabric care and convenience. Maytag Dishwasher with Stainless Steel Tub for $530 (save $265) : Quiet operation (50 dBA), fingerprint-resistant finish, and an advanced dual power filtration system make this deal a win for $265 off. Insignia 13.8 Cu. Ft. Garage Ready Upright Freezer for $480 (save $270) : This stainless steel, energy-efficient storage solution isn't just a freezer; it features adjustable shelves and door bins, temperature alarm and auto-defrost functionality, and the ability to convert between freezer and refrigerator modes. Ninja Prestige Smart XL Air Fryer & Countertop Oven for $250 (save $100) : This versatile, high-performance oven features 10 cooking functions and Smart Surround Convection technology for cooking delicious meals with up to 75% less fat than traditional frying methods. LG 28.7 Cu. Ft. French Door Refrigerator for $1,300 (save $589) : With its dual ice maker, IcePlus acceleration technology, and Smart Cooling system, this 3-door refrigerator/freezer offers ample storage and advanced features at a great discount. Whirlpool 24.6 Cu. Ft. Side-by-Side Stainless Steel Refrigerator for $1,100 (save $520) : As a spacious and energy-efficient refrigerator, it features adjustable glass shelves, a built-in water and ice dispenser, and a fingerprint-resistant finish. Also: Best Black Friday deals 2024: 150+ sales live now featuring some of the lowest prices ever FAQs Cyber Monday is on Dec. 2, which is the Monday immediately following Black Friday (Nov. 29). It's another opportunity for shoppers to take advantage of great deals, especially on online purchases. Yes, Best Buy typically offers some of their best deals during Black Friday, making it a great time to shop for electronics and other items. Many retailers like Best Buy start their holiday sales early in November, so you don't have to wait until the actual day of Black Friday to find a great deal. Black Friday is best known for its in-store deals, although many retailers also offer deals online. Cyber Monday is the following Monday and focuses more on online shopping, although many brick-and-mortar stores now offer Cyber Monday deals as well. In terms of deals, you may find similar discounts on both days, but Cyber Monday tends to have more deals on smaller items, while Black Friday might have better deals on larger items like TVs or appliances. ZDNET only writes about deals we want to buy -- devices and products we desire, need, or would recommend. Our experts looked for deals that were at least 20% off (or are hardly ever on sale), using established price comparison tools and trackers to determine whether the deal is actually on sale and how frequently it drops. We also looked over customer reviews to find out what matters to real people who already own and use the deals we're recommending. Our recommendations may also be based on our own testing -- in addition to extensive research and comparison shopping. The goal is to deliver the most accurate advice to help you shop smarter. You can find great Black Friday and Cyber Monday deals both in-store and online from many major retailers. These days, Amazon, Walmart, Best Buy, and Target all offer a wide range of deals on their websites. Whether you're braving the crowds or clicking your way to savings, there are plenty of options to find great deals during these major shopping events. What are the best Black Friday 2024 deals? ZDNET's experts have been searching through Black Friday sales live now to find the best discounts by category. These are the best Black Friday deals so far, by category: Black Friday TV deals Black Friday phone deals Black Friday laptop deals Black Friday gaming PC deals Black Friday smartwatch and fitness tracker deals Black Friday Amazon deals Black Friday Best Buy deals Black Friday Walmart deals Black Friday Sam's Club deals Black Friday Apple deals Black Friday iPad deals Black Friday AirPods deals Black Friday Apple Watch deals Black Friday Kindle deals Black Friday streaming deals Black Friday soundbar and speaker deals Black Friday robot vacuum deals Black Friday Nintendo Switch deals Black Friday PlayStation deals And more Black Friday deals: Black Friday deals under $25 Black Friday deals under $100 Black Friday Samsung deals Black Friday Verizon deals Black Friday headphone deals Black Friday tablet deals Black Friday monitor deals Black Friday gaming deals Black Friday security camera deals Black Friday storage and SSD deals Black Friday portable power station deals Black Friday VPN deals Black Friday Chromebook deals Black Friday HP deals Black Friday Dell deals Black Friday Roku deals Black Friday Roborock deals Best Black Friday deals Black Friday phone deals Black Friday TV deals Black Friday laptop deals