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Energy Transfer-Sunoco Logistics merger OK'd by top three proxy advisors

Published 04/17/2017, 04:14 PM
© Reuters.  Energy Transfer-Sunoco Logistics merger OK'd by top three proxy advisors
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  • Energy Transfer Partners (NYSE:ETP) says all three major proxy advisory firms - ISS, Glass Lewis and Egan-Jones - have recommended that ETP unitholders vote to approve the proposed merger with Sunoco Logistics Partners (NYSE:SXL) at the April 26 special meeting of ETP unitholders.
  • Under the terms of the merger deal, ETP unitholders will receive 1.5 SXL common units for each ETP common unit.


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