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Petroleum products provider $HEP said that it reached an agreement with its customer $HFC to acquire the latter's Woods Cross Refinery units for a total cash consideration of approx. $275MM. This amount represents an implied multiple of 8.5 times the 2017 expected EBITDA contribution. The transaction is expected to close on or about Oct, 1, 2016.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.