Martin Resource Management Corporation to Acquire Martin Midstream Partners L.P.
October 22, 2024
Martin Resource Management Corporation (MRMC) entered into a definitive merger agreement to acquire all outstanding common units of Martin Midstream Partners L.P. (MMLP) not already owned by MRMC and its subsidiaries. The all-cash deal values each Public Common Unit at $4.02, representing a 34.0% premium to MRMC’s May 24, 2024 proposal price.
- Buyers
- Martin Resource Management Corporation
- Targets
- Martin Midstream Partners L.P.
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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