Sprague HP Holdings, LLC /
Sprague Resources LP
Sprague HP Holdings to acquire Sprague Resources in merger
- Terms
- Not stated
- Stage
- Agreement signed
What happened
Sprague HP Holdings, LLC entered into a merger agreement to acquire Sprague Resources LP. Under the agreement, eligible common units will be converted into cash at $19.00 per Common Unit.
The transaction remains subject to customary closing conditions. The filing says the closing may not occur before July 31, 2022, unless the parties mutually agree otherwise.
The source
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Sprague HP Holdings to acquire Sprague Resources in merger
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Original filingUnlock with ProTimeline
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