Green Plains (GPRE) Announces Unitholder Approval of Merger [Yahoo! Finance]
Green Plains Partners LP - Common Units (GPP)
Last green plains partners lp - common units earnings: 2/10 05:01 pm
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US:NASDAQ Investor Relations:
ir.greenplainspartners.com
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Source: Yahoo! Finance
The approval of the Merger Agreement and the Merger needed the favorable vote or written consent of the holders of a majority of the Partnership's outstanding common units. The holders of more than 62% of the Partnership's outstanding common units as of the record date for the consent solicitation consented to and approved the Merger Agreement and the Merger through written consent. Green Plains currently owns a 48.8% limited partner interest and a 2.0% general partner interest in Green Plains Partners. By owning, running, developing and acquiring ethanol and fuel storage terminals, transportation assets and other associated businesses and assets, it provides fuel storage and transportation services. Each outstanding common unit of the Green Plains Partners that is not owned by Green Plains or its affiliates will, in accordance with the provisions of the agreement, be converted into the right to receive $2.00 in cash and 0.405 shares of Green Plains common stock. In addition, u
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