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Alta East Fuel Distribution Acquired by Sunoca LP

Sunoco Extending Business into its Network Serving 30 States
By Courtney Wolfe
March 23, 2016 | 7:02 P.M.

For $57 million plus the value of inventory on hand at closing, Sunoco LP purchased the wholesale motor fuel distribution business from Alta East Inc. Also included in the transaction was the acquisition of 32 fee and lease properties, including supply contracts with the dealer-owned and operated sites. Through its revolving credit facility, the company used amounts available to fund the transaction.

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