Global Partners LP files 8-K/A with audited financials for $313M Motiva terminal acquisition

GLOBAL PARTNERS LP

Purchase price of ~$313.2M, including inventory; financed via revolving credit facility.
Acquired assets include $318.6M property & equipment, $2M intangibles, and $3.4M inventory.
Assumed $10.8M in environmental liabilities; Motiva indemnifies for 3 years on certain pre-closing environmental matters.
Acquisition of 25 terminals along Atlantic Coast, Southeast, Texas accounted for as asset acquisition.
Pro forma financial information included; no new forward-looking guidance provided.

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