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April 30 (Reuters) – Pipeline operator Energy Transfer
Partners LP said it will buy Sunoco Inc for $5.3
billion in stock and cash as part of its plan to bulk up
presence in the transportation of crude oil, natural gas liquids
and refined products.
Sunoco shareholders will receive $50.13 per share, a 22.5
percent premium over the stock’s Friday close of $40.91 on the
New York Stock Exchange.
