Union workers at Sunoco (SUN +1.6%) reportedly will vote Monday whether to accept a new contract...

|About: Sunoco LP (SUN)|By:, SA News Editor

Union workers at Sunoco (SUN +1.6%) reportedly will vote Monday whether to accept a new contract with Carlyle Group (CG), the last step necessary for the PE firm to purchase SUN's Philadelphia refinery. The workers are expected to ratify the labor contract because the most likely alternative would be SUN shutting down the refinery.