The agreement would complete transition of Sunoco
into a wholesale fuel and retail marketing firm.
Connect to the webcast via the Events and Presentations pages of Sunoco
LP's Investor Relations website at www.
The merger consideration represents a 29% premium to the 20-day average closing price of Sunoco
shares as of April 27, 2012.
Retail candidates attend an intensive four-week course at Sunoco
University in Philadelphia, PA.
The company owns the general partner interest of Sunoco
Logistics Partners L.
As previously announced, under the terms of the merger agreement, Sunoco
shareholders were able to receive, for each Sunoco
common share they owned, a combination of $25.
MacDonald, chairman and chief executive officer of Sunoco
58 percent interest in Sunoco
, LLC, in partnership with an affiliate of its parent company, Energy Transfer Partners.
expects to mail the definitive proxy statement related to the proposed merger and the documents necessary for Sunoco
shareholders to make a merger consideration election to its shareholders on or about August 29, 2012.
LP is a master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors.
LP (NYSE: SUN) is a master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors.
Every year we continue to see the excitement grow, not only from our customers, but also from our retailers," said Drew Kabakoff, Sunoco