secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PARTNERS LP (GLP)
CIK:        0001323468
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001104659-22-128239
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Partners LP to acquire five refined-products terminals from Gulf Oil for $273M cash
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- Purchase price of $273M in cash for all equity of five Target Companies owning terminals in CT, NJ, ME, MA.
- Aggregate storage capacity of approximately 3.9 million barrels at operating refined-products terminals.
- Closing expected in first half of 2023, subject to HSR approval, customary conditions, and pre-closing reorganization.
- Partnership will assume certain liabilities; seller retains specified environmental liabilities.
- Deal to be financed with borrowings under Global Partners' revolving credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1323468/000110465922128239/0001104659-22-128239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1323468/000110465922128239/tm2233029d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-128239

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