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Northern Tier Energy: What To Make Of The Western Refining Takeover

2015-10-28 14:34:47| Energy - Topix.net

I believe this is not enough of a premium to buy out one of the best located refiners out there, but WNR controls NTI's destiny due to its large 38% stake. Western Refining has recently proposed to acquire all of Northern Tier Energy's common units for $17.50 in cash and 0.2266 of a share of WNR common stock, a 15% premium.

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