Fitch Affirms Energy Transfer Partners, Sunoco Logistics, & Sunoco Inc on Acquisition Announcement Following the announced acquisition of Sunoco, Inc by Energy Transfer Partners, L.P. , Fitch Ratings has taken the following rating actions: affirmed the Issuer Default Rating for Energy Transfer Partners, L.P. Energy Transfer Partners to buy Sunoco for $5.3B Energy Transfer Partners is buying Sunoco in a $5.3 billion deal that creates one of the more diverse pipeline companies in the country. Texas pipeline firm buys Sunoco Sunoco Inc. is being acquired for $5.3 billion by a Texas pipeline company, the latest turn in the dramatic transformation of the iconic 126-year-old Philadelphia oil business. Sunoco to be sold for $5.3 billion Sunoco Inc. will be sold to natural gas company Energy Transfer Partners in a deal valued at about $5.3 billion. Sunoco had been looking to exit the refining business prior to the deal. Sunoco Deals Could Keep Coming Dont cancel those plans for Sunoco to sell its aging Philadelphia refineries. Energy Transfer Partners to buy Sunoco for $5.35 billion (Reuters) - Pipeline operator Energy Transfer Partners LP said it would buy Sunoco Inc for $5.35 billion in stock and cash to get into the more lucrative crude oil transportation business as natural gas prices stay weak. The deal is the latest in a flurry of pipeline mergers spurred by development of shale oil and gas fields and master limited partnership (MLP) structures that have provided the ... Energy Transfer to Buy Sunoco for $5.3 Billion Energy Transfer agreed on Monday to buy the energy transportation and distribution company Sunoco for $5.3 billion, marking the latest deal in America's fast-expanding oil and natural gas industry. Energy Transfer Partners to Acquire Sunoco in $5.3 Billion Transaction Energy Transfer Partners, L.P. and Sunoco, Inc. today announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and cash transaction valued at $50.13 per share, or a total consideration of approximately $5.3 billion, based on ETP's closing price on April 27, 2012. Sunoco: S&P Intraday Gainer NEW YORK (TheStreet) --Sunoco was the best-performing stock in the S&P 500 on Monday morning. The S&P was falling 4.92 points, or 0.35%, to 1,398.44. Shares of Sunoco rose 20.07% Monday to $49.12. The petroleum refiner is being acquired by Energy Transfer Partners for for $5.3 billion, or $50.13 a share. ... Click to view a price quote on ^GSPC . DealBook: Energy Transfer to Buy Sunoco for $5.3 Billion Energy Transfer agreed to buy the energy transportation and distribution company Sunoco for $5.3 billion, marking the latest deal in America's fast-expanding oil and natural gas industry.
Key Words: sunoco
References:
http://www.twincities.com/news/ci_20512814/energy-transfer-partners-buy-sunoco-5-3b?source=rss
http://online.wsj.com/article/SB10001424052702303916904577375711419983308.html?mod=rss_whats_news_us
http://rss.cnn.com/~r/rss/magazines_fortune/~3/S0JQOknGXW0/
http://www.philly.com/r?19=961&43=165801&44=149469135&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20120430_Texas_pipeline_firm_buys_Sunoco.html
http://www.philly.com/r?19=961&43=165801&44=149147645&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20120426_Ethanol__environmental_mandates_blamed_for_Phila__refinery_woes.html
http://www.philly.com/r?19=961&43=165801&44=148515715&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20120423_Sunoco__Carlyle_talk_joint_venture_for_Phila__refinery.html
http://www.buffalonews.com/city/police-courts/police-blotter/article817825.ece
http://www.philly.com/r?19=961&43=165801&44=146673605&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20120409_ap_sunocoagreestopaymass22m.html
http://www.philly.com/r?19=961&43=165801&44=145858465&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20120402_Report__At_least_four_bidders_for_Sunoco_refinery.html
http://www.marketwatch.com/news/story.asp?guid=%7B27D7FBA0-92FD-11E1-8C02-002128049AD6%7D&siteid=rss&rss=1
http://online.wsj.com/article/SB10001424052702303592404577361762381700038.html?mod=rss_whats_news_us
http://www.ibtimes.com/articles/335176/20120430/mergers-aquisitions-sunoco-microsoft-delta-conoco.htm
http://feeds.reuters.com/~r/reuters/businessNews/~3/CVGxiu2Z3OY/us-sunoco-energytransferpartners-idUSBRE83T0D020120430
http://feeds.bizjournals.com/~r/vertical_2/~3/Sd2TJXV9RBo/sunoco-and-philadelphia-real-estate.html
http://www.hispanicbusiness.com/2012/4/30/energy_transfer_partners_buys_sunoco.htm
http://pixelhat.net/
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.