[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  AlphaSense [@AlphaSenseInc](/creator/twitter/AlphaSenseInc) on x 25.1K followers Created: 2025-05-05 14:07:37 UTC Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $XXX Billion "Sunoco LP (NYSE: $SUN) (“Sunoco” or the “Partnership”) and Parkland Corporation (TSX: $PKI) (“Parkland”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $XXX billion, including assumed debt. As part of the transaction, Sunoco intends to form a new publicly-traded Delaware limited liability company named SUNCorp, LLC (“SUNCorp”). SUNCorp will hold limited partnership units of Sunoco that are economically equivalent to Sunoco’s publicly-traded common units on the basis of one Sunoco common unit for each outstanding SUNCorp unit. This new publicly-traded entity will be treated as a corporation for tax purposes. For a period of two years following closing of the transaction, Sunoco will ensure that SUNCorp unitholders will receive the same dividend equivalent as the distribution to Sunoco unitholders."  XXXXX engagements  **Related Topics** [$91billion](/topic/$91billion) [stocks](/topic/stocks) [$pki](/topic/$pki) [$sun](/topic/$sun) [new york stock exchange](/topic/new-york-stock-exchange) [perkinelmer inc](/topic/perkinelmer-inc) [stocks healthcare](/topic/stocks-healthcare) [Post Link](https://x.com/AlphaSenseInc/status/1919393551546232861)
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AlphaSense @AlphaSenseInc on x 25.1K followers
Created: 2025-05-05 14:07:37 UTC
Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $XXX Billion
"Sunoco LP (NYSE: $SUN) (“Sunoco” or the “Partnership”) and Parkland Corporation (TSX: $PKI) (“Parkland”) announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $XXX billion, including assumed debt.
As part of the transaction, Sunoco intends to form a new publicly-traded Delaware limited liability company named SUNCorp, LLC (“SUNCorp”). SUNCorp will hold limited partnership units of Sunoco that are economically equivalent to Sunoco’s publicly-traded common units on the basis of one Sunoco common unit for each outstanding SUNCorp unit. This new publicly-traded entity will be treated as a corporation for tax purposes. For a period of two years following closing of the transaction, Sunoco will ensure that SUNCorp unitholders will receive the same dividend equivalent as the distribution to Sunoco unitholders."
XXXXX engagements
Related Topics $91billion stocks $pki $sun new york stock exchange perkinelmer inc stocks healthcare