FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Sprague Resources Announces Agreement to be Acquired by Hartree Partners”
Sprague Resources (NYSE: SRLP) gained over 19% in premarket trading after the company announced an agreement to be acquired by hartree partners.
Under the agreement, each holder of sprague’s common units will receive $19.00 per unit, with the transaction expected to close prior to the end of q3 2022.
Sprague Resources LP is a master limited partnership engaged in the purchase, storage, distribution and sale of refined petroleum products and natural gas. Sprague also provides storage and handling services for a broad range of materials. More information concerning Sprague can be found at www.spragueenergy.com.
For more information, please visit: Sprague Resources LP
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