NuStar GP Holdings (NSH) Misses Q4 EPS by 7c
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NuStar Energy L.P. and NuStar GP Holdings, LLC Announce Merger Agreement, Anticipated Distribution Reset and Earnings Results for Fourth Quarter 2017
February 8, 2018 6:45 AM ESTSAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) (the Partnership or NS) and NuStar GP Holdings, LLC (NYSE: NSH) (NSH) today announced a definitive agreement that would result in the merger of NSH with a wholly owned subsidiary of the Partnership through a unit-for-unit exchange. The merger would result in NSH becoming a wholly owned subsidiary of the Partnership and the cancellation of the 2% economic general partner interest in the Partnership, the incentive distribution rights in the Partnership and approximately 10.2 million Partnership common units currently owned by NSH and its... More
