Effective with the opening of the market on April 28, Energy Transfer ceased to be a publicly traded partnership, and its common units discontinued trading on the NYSE.

Jan 2006 – Present 14 years 6 months. As part of the completion of the merger, Sunoco Logistics Partners LP changed its name to Energy Transfer Partners LP, and its common units are expected to begin trading on the New York Stock Exchange (NYSE) under the “ETP” ticker symbol on May 1. La firma energética Sunoco Logistics anunció hoy que ha cerrado un acuerdo definitivo para comprar la empresa Energy Transfer Partners en una operación valorada en casi 20.000 millones de dólares. Our Standards: The Thomson Reuters Trust Principles. ETP owns about 21 pct of Sunoco Logistics, according to Thomson Reuters data.
The outstanding Energy Transfer Class E, Class G, Class I and Class K units at the effective time of the merger were converted into an equal number of newly created classes of Sunoco Logistics units, with the same rights, preferences, privileges, duties and obligations as such classes of Energy Transfer units had immediately prior to the closing of the merger. At the effective time of the merger, each Energy Transfer common unit converted into the right to receive 1.5 Sunoco Logistics common units. Subscribe to North American Oil & Gas Pipelines (Print or Digital), To better serve our many subscribers that are working from home during this time, we are offering digital issues of North American Oil and Gas Pipelines. Additionally, the outstanding Sunoco Logistics common units and Class B units owned by Energy Transfer at the effective time of the merger were cancelled. Sunoco Logistics’ general partner is a unit of ETP. Pipeline companies Sunoco Logistics and Energy Transfer Partners said on Monday they would combine to cut borrowing and operating costs. Energy Transfer Partners is a master limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Energy Transfer will become a wholly owned subsidiary of Sunoco Logistics. Sunoco Logistics Partners LP will buy Energy Transfer Partners LP in a $21 billion all-stock deal that will combine and simplify a network of giant pipeline firms controlled by Dallas billionaire Kelcy Warren. Sunoco Logistics is a master limited partnership that owns and operates a logistics business consisting of a geographically diverse portfolio of complementary pipeline, terminalling and acquisition and marketing assets, which are used to facilitate the purchase and sale of crude oil, natural gas liquids and refined products. Nov 21 (Reuters) - Sunoco Logistics Partners LP said on Monday it would buy Energy Transfer Partners LP in a deal valued at $19.93 billion. The outstanding Energy Transfer Class E, Class G, Class I and Class K units at the effective time of the merger were converted into an equal number of newly created classes of Sunoco Logistics units, with the same rights, preferences, privileges, duties and obligations as such classes of Energy Transfer units had immediately prior to the closing of the merger.

Sunoco Logistics will buy Energy Transfer Partners in a $21 billion all-stock deal that will simplify a network of pipeline firms controlled by billionaire Kelcy Warren. Based on the Energy Transfer units outstanding, Sunoco Logistics issued approximately 845 million common units to Energy Transfer unitholders. Energy Transfer’s general partner is owned by Energy Transfer Equity. In connection with the merger and the company’s name change, its general partner became a consolidated subsidiary of Energy Transfer Equity LP. RELATED: Sunoco Logistics to Acquire Energy Transfer Partners. Sunoco Logistics Partners L.P. (“SXL”) and Energy Transfer Partners, L.P. (“ETP”) have entered into a merger agreement providing for the acquisition of ETP by SXL in a unit-for-unit transaction – 1.500 SXL common units for each ETP unit, implying a price of $39.29 per unit based on …

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