FTC Pressures Global Partners, Gulf Oil Into Reducing Deal

Gunnar Larson g at xny.io
Sat Apr 13 11:27:44 PDT 2024


FTC Pressures Global Partners, Gulf Oil Into Reducing Deal
<https://www.law360.com/competition/articles/1823440?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-04-10&read_main=1&nlsidx=0&nlaidx=0>

By Bryan Koenig

The Federal Trade Commission took credit Tuesday for raising antitrust
concerns spurring the late-February reduction of Global Partners LP's
purchase of Northeast U.S. gas terminals from Gulf Oil, cut from five
terminals with a $273 million price tag to four terminals and a $212.3
million payment.

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<https://www.law360.com/competition/articles/1823440?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-04-10&read_more=1&nlsidx=0&nlaidx=0>
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<https://www.law360.com/competition/articles/1823440?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-04-10&read_later=1&nlsidx=0&nlaidx=0>
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