TransMontaigne Partners L.P. Announces Agreement for the Purchase of its Outstanding Common Units by an Affiliate of ArcLight Energy Partners
TRANSMONTAIGNE PARTNERS (TLP)
Last transmontaigne partners earnings: 11/8 08:24 am
Check Earnings Report
US:NYSE Investor Relations:
transmontaignepartners.com/investors/presentations
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)-- TransMontaigne Partners L.P. (NYSE:TLP) (the Partnership, we, us, our) today announced that it has entered into a definitive agreement and plan of merger (the Merger Agreement) with an indirect subsidiary of ArcLight Energy Partners Fund VI, L.P. (ArcLight), TLP Finance Holdings, LLC (the Purchaser). Pursuant to the Merger Agreement, the Purchaser will acquire, for cash, in a merger transaction, all of the outstanding common units of the Partnership not already held by the Purchaser’s direct parent, TLP Acquisition Holdings, LLC (“Holdings”) or its affiliates, including ArcLight, at a price of $41.00 per common unit, for an aggregate transaction value of approximately $536 million. The merger consideration represents an increase of $3.00, or 7.9 percent, per common unit when compared to the offer of $38.00 per common unit made by Holdings on July 9, 2018 and a 12.6 percent premium to
Show less
Read more
Impact Snapshot
Event Time:
TLP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TLP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TLP alerts
High impacting TRANSMONTAIGNE PARTNERS news events
Weekly update
A roundup of the hottest topics