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Sisecam Chemicals Resources LLC has offered to the board of Sisecam Resource Partners LLC to acquire all of the outstanding common units, representing limited partner interests in the latter's general partner Sisecam Resources LP ( NYSE: SIRE ), that Sisecam Chemicals Resources or its affiliates does not already own.
The non-binding proposal involves acquisition in exchange for $17.90 per issued and outstanding publicly held common unit of the partnership.