Active Stocks Trader’s Round Up: Sunoco Logistics Partners L.P. (NYSE:SXL), Hologic, Inc. (NASDAQ:HOLX)

Sunoco Logistics Partners L.P. (NYSE:SXL), finished its Tuesday’s exchanging session with 0.10% increase, and shut at $30.03.


Sunoco Logistics Partners L.P. transports, terminals, and stores unrefined petroleum, refined items, and normal gas fluids (NGLs). It works through four fragments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines section transports raw petroleum principally in Oklahoma and Texas.

ETP additionally possesses the general accomplice, 100% of the motivating force circulation rights, and around 67.1 million normal units in Sunoco Logistics Partners L.P. (SXL), which works a geologically various arrangement of unrefined petroleum and refined items pipelines, terminalling and raw petroleum procurement and advertising resources. Vitality Transfer Equity, L.P. expressed that notwithstanding late turmoil on the planet vitality and monetary markets, it is affirming its merger proposition, under which ETE would obtain the greater part of the remarkable basic load of The Williams Companies, Inc. (WMB) at a settled trade proportion of 0.9358 ETE Corp offers for each Williams offer, speaking to a 32.4% premium to the Williams regular offer shutting cost as of June 19, 2015, taking into account ETE’s unit cost on the same date.

Notwithstanding whether ETE take parts in the Williams process, ETE is prepared to give classified data to WMB without material limitations so that WMB and its Board can comprehend what ETE accepts to be the really one of a kind and convincing speculation and return attributes available to the Williams stockholder from this blend.

In spite of remarks made by Williams organization to research examiners and WMB stockholders, ETE keeps on being interested in participating in the arranged options procedure announced by Williams, however just on the off chance that it is reasonable and impartial and is not intended to inconvenience ETE (and eventually WMB shareholders) or unduly limit ETE’s capacity to seek after the anticipated exchange.

Hologic, Inc. (NASDAQ:HOLX’s) shares increased 1.68% to $41.14.

Hologic, Inc. creates, fabricates, and supplies diagnostics items, therapeutic imaging frameworks, and surgical items for ladies in the United States and globally. The organization works in four sections: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health.

Repligen Corporation (RGEN) pronounced that life sciences industry veteran Glenn P. Muir has been chosen to its Board of Directors and assigned as an individual from its Audit Committee. Mr. Muir conveys more than 30 years of experience to the chief part, most as of late as Chief Financial Officer and Executive Vice President, Finance and Administration for Hologic, Inc. (HOLX), an extensive multi-national restorative gadget and diagnostics organization where he was instrumental to the organization’s foremost development.

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Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.