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Energy Transfer paying US$5.3 billion for Sunocor

Michael Allan McCrae | April 30, 2012 | 4:06 pm Energy Europe 

Energy Transfer (NYSE: ETP), a natural gas transportation company based in Texas, and the petroleum refiner and marketer Sunoco, Inc. (NYSE: SUN) agreed on a US$5.3 billion merger in a cash and stock transaction valued at $50.13 per share. The...

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