Shares of Sunoco, which operates in wholesale fuel distribution and retail convenience, fell over 3% in morning trading, while those of Parkland rose nearly 8%. Motor fuels distributor Sunoco to ...

(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 ...

Activist investor Engine Capital plans to vote against US$9.1-billion Parkland-Sunoco deal. Engine Capital argues the deal was rushed, the price is too low and that there are likely better options ...

Parkland, Sunoco and Simpson Oil declined to comment on Engine Capital’s decision to oppose the takeover. Sunoco’s bid for Parkland consists of $19.80 per share in cash and 0.295 of Sunoco units.

Simpson Oil had aimed to overhaul Parkland's board through a shareholder vote planned for May 6, but the Sunoco deal was announced the previous day and the meeting was postponed. Meanwhile, New ...

(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 ...

Simpson Oil had aimed to overhaul Parkland’s board through a shareholder vote planned for May 6, but the Sunoco deal was announced the previous day and the meeting was postponed. Article content ...