Alon USA Energy (ALJ) Affirms Receipt of Stock Purchase Proposal from Delek (DK)
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Delek US Holdings (DK) Proposes to Acquire Remaining Alon USA Energy (ALJ) Stock
October 14, 2016 7:13 AM EDTDelek US Holdings (NYSE: DK) disclosed the following letter in an SEC filing on Friday morning:
October 14, 2016
David Wiessman
on behalf of the Special Committee of Alon USA Energy, Inc.
12700 Park Central Dr., Suite 1600
Dallas, TX 75251
Dear David:
I am writing on behalf of Delek US Holdings, Inc. (Delek, we, us or "our") to propose a business combination of Delek and Alon USA Energy, Inc. (Alon). Under our proposal, Delek (or a subsidiary of Delek) would acquire each outstanding share of Alon common stock which Delek does not already own in... More
