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- Global Partners LP acquired four liquid energy terminals from Gulf Oil Limited Partnership for $212.3 million. - The acquisition will enhance GLP's storage capacity and distribution capabilities in key Northeast markets. - GLP's strategy of acquiring assets in high-demand markets aligns with the transaction. - Price Impact Rating: Bullish - Impact Horizon Rating: Short-term - Type: Corporate Developments
- Global Partners LP acquired four liquid energy terminals from Gulf Oil Limited Partnership for $212.3 million.
- The acquisition will enhance GLP's storage capacity and distribution capabilities in key Northeast markets.
- GLP's strategy of acquiring assets in high-demand markets aligns with the transaction.
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