Pipeline company Energy Transfer Partners LP said it planned to acquire Susser Holdings Corp in a stock-and-cash deal valued at $1.8 billion to add retail stores in Texas and neighboring states. Susser Holdings operates 630 retail convenience stores that sell either nationally or regionally branded gasoline or sell gasoline under the "Stripes" brand.
Energy Transfer Partners, L.P. (ETP) is a limited partnership in the United States engaged in natural gas operations. Shares of ETP fell by 0.14% or $-0.08/share to $55.80. In the past year, the shares have traded as low as $45.16 and as high as $57.31. On average, 827367 shares of ETP exchange hands on a given day and today's volume is recorded at 666322.
Susser Holdings Corporation (Susser) is a non-refining operator of convenience store in Texas, and a non-refining motor fuel distributor. Shares of SUSS fell by 2.13% or $-1.24/share to $57.03. In the past year, the shares have traded as low as $44.32 and as high as $68.71. On average, 249567 shares of SUSS exchange hands on a given day and today's volume is recorded at 287085.
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