PORTSMOUTH, NH, October 21, 2022 (GLOBE NEWSWIRE) – Sprague Resources LP (the “Partnership”) SRLP announced today that it has notified the New York Stock Exchange (“NYSE”) of the expected closing date of the previously announced merger transaction contemplated by this particular agreement and the Scheme of Merger of June 2, 2022, as amended from and between the partnership, Sprague Resources GP LLC and affiliates of Hartree Partners, LP (the “Purchaser”). The partnership expects the merger to close on or about November 1, 2022.
Upon completion of the merger on the terms set forth in the merger agreement, the partnership will be a wholly owned subsidiary of the Acquirer. Upon completion of the merger, the Partnership’s common stock will be delisted from the NYSE and will be deregistered under the Securities Exchange Act of 1934.
About Sprague Resources LP
Sprague Resources LP is a master limited partnership engaged in the purchase, storage, distribution and sale of refined petroleum products and natural gas. Sprague also offers warehousing and handling services for a wide range of materials.
Cautionary Note Regarding Forward-Looking Statements
Any statements in this press release about future expectations, plans and prospects for Sprague Resources LP or about Sprague Resources LP’s future expectations, beliefs, goals, plans or prospects, including statements regarding the partnership’s expectations regarding the delisting of their joint ventures Entities and the completion of the merger constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements that are not statements of historical fact (including statements using the words “believe,” “plan,” “anticipate” , “expects,” “estimates,” and similar expressions) should also be considered forward-looking statements. These forward-looking statements involve risks and uncertainties and other factors that are difficult to determine…
