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Stock impact report

Global Partners LP Completes Acquisition of Four Liquid Energy Terminals from Gulf Oil [Yahoo! Finance]

Global Partners LP Global Partners LP Common Units representing Limited Partner Interests (GLP) 
Last global partners lp global partners lp common units representing limited partner interests earnings: 3/6 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
WALTHAM, Mass., April 09, 2024 BUSINESS WIRE )--Global Partners LP (NYSE: GLP) ("Global" or the "Partnership") announced today the successful closing of its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership ("Gulf Oil"). The terminals are strategically located in Chelsea, MA, New Haven, CT, Linden, NJ, and Woodbury, NJ, and will further enhance Global's position in the energy economy of the Northeast. With a combined shell capacity of approximately 3.0 million barrels, these terminals expand Global's ability to store and distribute gasoline, distillates, and ethanol. This acquisition aligns with Global's strategy to acquire and invest in assets that allow the Partnership to leverage scale from its integrated network in high demand markets. "This acquisition further delivers on our commitment to strategic growth and our ability to identify and capitalize on assets that leverage our growing network," said Eric Slifka, Global's President and Chief Executi Show less Read more
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