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Sunoco Fuels Up With $9.1B Parkland Deal, Eyes 10% Cash Flow Bump
benzinga.com/trading-ideas/movers/25/05/45194533/sunoco-fuels-up-with-9-1b-parkland-deal-eyes-10-cash-flow-bump
Sunoco LP (NYSE:SUN) shares are trading lower on Monday after the company agreed to acquire Parkland Corporation (OTC:PKIUF) in a deal valued at approximately $9.1 billion, including debt.
The transaction, announced Monday, involves a mix of cash and equity and will create a new entity…
This story appeared on benzinga.com, 2025-05-05 13:48:40.