Martin Midstream Partners issues response to Nut Tree Capital / Caspian Capital

The company states: “Martin Resource Management announces that in regard to the proposal announced by Nut Tree Capital and Caspian Capital with respect to MMLP, MRMC reiterates the statement in our publicly disclosed proposal that we are interested only in acquiring all of the outstanding common units of MMLP and have no interest in selling our interests in MMLP or the general partner or in pursuing any other strategic alternative involving MMLP or the general partner. We are not able to further comment at this time on our proposal to acquire the outstanding common units of MMLP, as we remain in active discussions with the Conflicts Committee of the Board of Directors of the general partner of MMLP. If we are not able to reach a definitive agreement with respect to the potential transaction, we will announce the withdrawal of our proposal.”