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SUSP > SEC Filings for SUSP > Form 8-K on 22-Aug-2014All Recent SEC Filings

Show all filings for SUSSER PETROLEUM PARTNERS LP

Form 8-K for SUSSER PETROLEUM PARTNERS LP


22-Aug-2014

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed, Susser Holdings Corporation ("Susser Holdings") has agreed to be acquired by Energy Transfer Partners, L.P. (together with its subsidiaries, "ETP"), subject to the satisfaction of certain closing conditions including the required approval of the Susser Holdings stockholders. Following the closing of this transaction, ETP will own the general partner interest and the incentive distribution rights in Susser Petroleum Partners LP (the "Partnership") and a majority of the Partnership's outstanding common units representing limited partner interests.

In preparation for the post-closing integration process, ETP has held meetings with Susser Holdings employees and has communicated certain anticipated changes in management, subject to the closing of the transaction. In particular, it is anticipated that, shortly after closing, one of the General Partner's named executive officers, E.V. Bonner, Jr., Executive Vice President, General Counsel and Secretary of the General Partner, will be leaving the Partnership. Closing is expected to occur on August 29, 2014.


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