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home / articles / why nustar energy shares are rocketing today benzing mwn benzinga

SUN - Why NuStar Energy Shares Are Rocketing Today | Benzinga

NuStar Energy LP (NYSE:NS) shares are trading higher after Sunoco LP (NYSE:SUN) announced it will acquire the company in an all-equity transaction valued at roughly $7.3 billion.

As per the terms, NuStar’s common unitholders will receive 0.400 Sunoco common units for each share they hold, implying a 24% premium based on the 30-day VWAP’s of both NuStar and Sunoco as of January 19, ...

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Stock Information

Company Name: Sunoco LP representing limited partner interests
Stock Symbol: SUN
Market: NYSE


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