HALISTER: Tesoro to Buy Western Refining in $6.4B Transaction

Tesoro to Buy Western Refining in $6.4B Transaction

(Bloomberg) -- Tesoro to acquire Western Refining in $6.4b transaction; stock transaction at exchange ratio of 0.4350 TSO shares per WNR share, with option to elect cash in lieu of stock up to a cap of 10% of equity consideration.
  • Implied price of $37.30/share
Link to Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
TSO US (Tesoro Corp)
WNR US (Western Refining Inc)
WNRL US (Western Refining Logistics LP)

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