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Stock Market & Financial Investment News

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January 3, 2013
09:08 EDTMMLPMartin Midstream Partners acquire Talen's Marine & Fuel for about $47.4M
Martin Resource Management Corporation, owner of the general partner of Martin Midstream Partners, announced the acquisition by MMLP of all of the outstanding membership interests in Talen's Marine & Fuel, effective December 31. Including the sale of the working capital-related assets to MES, MMLP's net investment is approximately $47.4M , subject to standard post-closing adjustments. MMLP purchased the Talen's membership interests from various subsidiaries of Quintana Energy Partners.
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