More on Energy Transfer (ETP) / Sunoco (SUN) M&A: Sunoco shines 20% premarket to $49.03,...

|About: Energy Transfer Partners,... (ETP)|By:, SA News Editor

More on Energy Transfer (ETP) / Sunoco (SUN) M&A: Sunoco shines 20% premarket to $49.03, nearing ETP's offer of $50.13 a share, which represents a 29% premium to Sunoco's 20-day average closing price as of Friday. The deal will expand ETP's footprint, and strengthen its crude and other transportation, terminalling and logistics ops.  (PR)