Believes the Price Is Inadequate and Does Not Reflect the Value of the Company Following an Expedited and Flawed Sale Process Contends the Board Rushed to Sell the Company and Negotiated from a ...
Engine Capital told the board of Canadian fuel distributor Parkland (OTCPK:PKIUF) on Friday it plans to vote against the company’s $9.1B cash and stock takeover by Sunoco LP (NYSE:SUN), saying the ...
The Canadian Press on MSN
Parkland to consider sale, other strategic alternatives after shareholder pressure
CALGARY — Parkland Corp., which has been under pressure from major shareholders to improve its share price, has announced ...
(Reuters) -Sunoco LP will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt, the U.S. fuel supplier said on Monday, in a move the companies said would create the largest ...
(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas' largest independent fuel distributor but which Parkland's ...
Here's a list of key deals reported across sectors this week: Engine Capital told the board of Canadian fuel distributor Parkland (OTCPK:PKIUF) on Friday it plans to vote against the company’s $9.1B ...
The sale process conducted by the Board was expedited and flawed. The proposed transaction materially undervalues Parkland. We believe there are superior alternatives that would deliver greater value ...
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