Martin Midstream Partners L.P. To Be Acquired By Martin Resource Management Corporation; Proposed Deal For All-Cash Transaction Of $4.02 Per Common Unit
Portfolio Pulse from Benzinga Newsdesk
Martin Midstream Partners L.P. is set to be acquired by Martin Resource Management Corporation in an all-cash transaction valued at $4.02 per common unit.
October 03, 2024 | 8:12 pm
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Martin Midstream Partners L.P. will be acquired by Martin Resource Management Corporation for $4.02 per common unit in an all-cash transaction.
The acquisition of MMLP by Martin Resource Management Corporation at $4.02 per unit is likely to positively impact MMLP's stock price in the short term as it provides a clear exit strategy for investors at a set price.
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