Nut Tree Capital Management and Caspian Capital, which together with their affiliates have combined exposure in Martin Midstream Partners (MMLP) of approximately 13.6% of the outstanding common units, sent a letter to MMLP’s common unitholders urging them to vote “AGAINST” the sale of MMLP to Martin Midstream Resource Corporation for $4.02 per common unit at the Company’s upcoming meeting of unitholders scheduled for Monday, December 30, 2024.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MMLP:
- Nut Tree, Caspian urge Martin Midstream holders to vote against MRMC merger
- Martin Midstream Announces Special Meeting for Merger Approval
- Nut Tree, Caspian Capital oppose merge of Martin Midstream, Martin Resources
- Martin Midstream Partners reaffirms commitment to pending transaction
- Martin Midstream Partners shareholders Nut Tree and Caspian to oppose sale