{"id":29575,"date":"2014-08-26T12:44:49","date_gmt":"2014-08-26T16:44:49","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=29575"},"modified":"2014-08-26T12:44:49","modified_gmt":"2014-08-26T16:44:49","slug":"energy-transfer-partners-lp-nyseetp-and-susser-holdings-corporation-nysesuss-announce-preliminary-merger","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/energy-transfer-partners-lp-nyseetp-and-susser-holdings-corporation-nysesuss-announce-preliminary-merger-29575","title":{"rendered":"Energy Transfer Partners LP (NYSE:ETP) and Susser Holdings Corporation (NYSE:SUSS) Announce Preliminary Merger"},"content":{"rendered":"

Boston, MA 08\/26\/2014 (wallstreetpr) \u2013 According to reports, Energy Transfer Partners LP (NYSE:ETP) <\/strong>and Susser Holdings Corporation (NYSE:SUSS)<\/strong> have decided to enter into a preliminary merger deal<\/a>. The announcement came in the name of results of the elections that were conducted by the SUSS common stockholders.<\/p>\n

Road So Far: <\/strong><\/p>\n

According to a few reports published on April 28, 2014, SUSS entered into an agreement to plan merger transaction with Energy Transfer Partners LP (NYSE:ETP) and a few other companies. In order to execute this merger transaction successfully, the stockholders of SUSS were entitled to receive-<\/p>\n

1.4506 Energy Transfer Partners LP (NYSE:ETP) common units or $80.25 in cash and a combination of 0.7253 of an ETP common unit and $40.125 in cash for each SUSS common stock they owned. It was to be done before the commencement of the merger transaction. The final deadline to execute this election was 5:00 p.m. Eastern Time on August 25, 2014. Following were the results on the basis of the information made public by the company-<\/p>\n