ETP To Buy Sunoco For $5.3 Billion

30AprApril 30, 2012

ETP To Buy Sunoco For $5.3 Billion

Sunoco Inc. (NYSE:SUN) is to be purchased by Energy Transfer Partners LP (NYSE:ETP) for a fee of $5.3 billion. The deal will mean $50.13 per share for stock holders. That price is a large return for shareholders. The price will be an incentive for the company's owners to close the deal. The move has to be approved by both . . .

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