---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-028477"
form_type: "8-K"
ticker: "GLP"
cik: "0001323468"
company_name: "GLOBAL PARTNERS LP"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:23:03.351877+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Global Partners cuts Gulf Oil terminal deal to $212.3M, drops Portland terminal

## Summary
- Original $273M deal for five refined-products terminals amended; Portland, ME terminal removed.
- Purchase price reduced to $212.3M cash (plus customary adjustments) after FTC and Maine AG concerns.
- Remaining terminals: New Haven CT, Thorofare NJ, Linden NJ, Chelsea MA.
- Closing conditions include pre-closing reorganization and customary deliverables.
- Partnership expects to finance acquisition with borrowings under revolving credit facility.

## SEC filing metadata
- accession: 0001104659-24-028477
- form_type: 8-K
- ticker: GLP
- cik: 0001323468
- company_name: GLOBAL PARTNERS LP
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1323468/000110465924028477/0001104659-24-028477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1323468/000110465924028477/tm247253d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028477
- JSON: https://secwatch.observer/filing/0001104659-24-028477.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028477.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.