Sunoco Logistics Partners L.P. (SXL) On Watch On Sunoco Takeover
Tweet Send to a FriendGet Alerts SXL Hot Sheet
Down)
Trade SXL Now!
Speculators may be keeping an eye on Sunoco Logistics Partners L.P. (NYSE: SXL) today after the general partner of the Partnership, Sunoco (NYSE: SUN), was acquired by Energy Transfer Partners, L.P. (NYSE: ETP) today.
Sunoco general partner of Sunoco Logistics Partners L.P., which consists of a 2-percent ownership interest and incentive distribution rights, and we currently own a 32-percent interest in the Partnership's limited partner units.
Under today's deal, Energy Transfer Partners, L.P. will own Sunoco's general partner interest and the incentive distribution rights (IDRs) and 32-percent interest in Sunoco Logistics Partners L.P..
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Sunoco general partner of Sunoco Logistics Partners L.P., which consists of a 2-percent ownership interest and incentive distribution rights, and we currently own a 32-percent interest in the Partnership's limited partner units.
Under today's deal, Energy Transfer Partners, L.P. will own Sunoco's general partner interest and the incentive distribution rights (IDRs) and 32-percent interest in Sunoco Logistics Partners L.P..
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Viropharma, Inc. (VPHM) Said to Attract Acquisition Interest - Reuters
- UPDATE: MannKind Corp. (MNKD) Crashes
- Mediabistro (MBIS) Surges, But No One Knows Why
Create E-mail Alert Related Categories
Rumors, Trader Talk
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
