Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Nustar Energy LP (NS) has issued an update.
NuStar Energy L.P. held a decisive Special Meeting on May 1, 2024, where unitholders overwhelmingly approved a merger with Sunoco LP. Approximately 70% of the outstanding voting power was present, and they voted in favor of the Merger Agreement and the associated executive compensation plan, although the latter saw a notable amount of opposition. This pivotal move paves the way for NuStar to merge into Sunoco and operate as its subsidiary, pending the satisfaction of closing conditions. The successful vote results were subsequently announced in a joint press release by NuStar and Sunoco.
For detailed information about NS stock, go to TipRanks’ Stock Analysis page.
