secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PARTNERS LP (GLP)
CIK:        0001323468
Form:       8-K/A
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001104659-24-028862
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.45
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1323468/000110465924028862/0001104659-24-028862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1323468/000110465924028862/tm247039d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028862

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