Parkland shareholders vote for $9.1 billion acquisition by Sunoco
- Parkland shareholders voted in favor of a $9.1 billion acquisition by Sunoco.
- The combined company will have an enterprise value of about $25.5 billion and become the largest independent fuel distributor in the Americas.
- The deal marks the end of a tumultuous period for Parkland, which faced underperformance and a board takeover bid.
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Parkland shareholders approve Sunoco takeover, management board slate
Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP. At a special meeting, shareholders also voted in support of the director nominees that Parkland's management put forward, drawing an end to a bitter proxy fight with an ...
·Kelowna, Canada
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Total News Sources18
Leaning Left6Leaning Right1Center6Last UpdatedBias Distribution46% Left, 46% Center
Bias Distribution
- 46% of the sources lean Left, 46% of the sources are Center
46% Center
L 46%
C 46%
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