Scalper1 News
When stocks rise, they tend to rise in groups. That was the case Monday when Energy Transfer Partners (ETP) announced plans to buy convenience-store operator Susser Holdings (SUSS) for about $1.8 billion. Shares of Susser gapped up in huge volume on the news. The deal, expected to close in the third quarter, will complement Energy Transfer’s 2012 buy of Sunoco for about $5.5 billion. Susser will be integrated into Sunoco’s more than 5,000 Scalper1 News
Scalper1 News