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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Dec. 10, 3:32 PM

Slide #65. Parkland Fuel Corporation Mort Distributing, Inc.

Acquirer: Parkland Fuel Corporation (TSE:PKI.CA)
Acquiree: Mort Distributing, Inc.
Details: Parkland Fuel Corporation ("Parkland") (TSX:PKI.CA) announced today that through its wholly owned U.S. subsidiaries (collectively, "Parkland USA"), it has entered into an agreement to acquire the assets of Montana-based Mort Distributing, Inc. and its affiliates (collectively, "Mort").

Parkland Fuel Corp is engaged in marketing and distributing of fuels, managing a nationwide network of sales channels for retail, commercial, wholesale and home heating fuel customers. Fuel Marketing includes sales of gasoline, diesel, heating oil, propane fuel and variable rents derived from service station sites. Commercial includes sales of fertilizer, lubes, other agricultural inputs and industrial products and services. Co.'s retail and commercial brands includes: Fas Gas Plus, Race Trac Gas, Bluewave Energy, Columbia Fuels, Great Northern Oil, Neufeld Petroleum & Propane, United Petroleum Products and Island Petroleum.

Open the PKI.CA Page at The Online Investor »

Company Name:  Parkland Fuel Corp
Sector:  Oil & Gas Refining & Marketing
Number of ETFs Holding PKI.CA:  1
Total Market Value Held by ETFs:  $20.14M
Total Market Capitalization:  $2.50B
% of Market Cap. Held by ETFs:  0.81%

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December 10, 2019    3:32 PM Eastern
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