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Stock impact report

Nut Tree Capital Management and Caspian Capital Send Letter Highlighting Grossly Conflicted Conflicts Committee of the Martin Midstream GP LLC Board of Directors [Yahoo! Finance]

Martin Midstream Partners L.P. - Common Units Representing Limited Partnership Interests (MMLP) 
Last martin midstream partners l.p. - common units representing limited partnership interests earnings: 4/22 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.martinmidstream.com
Company Research Source: Yahoo! Finance
Nut Tree and Caspian Call for Any Transaction with MRMC be Subject to Approval of Majority of Unaffiliated Common Unit Holders NEW YORK July 19, 2024 /PRNewswire/ -- Nut Tree Capital Management LP ("Nut Tree") and Caspian Capital LP (" Caspian "), today sent a letter to the Conflicts Committee of the Board of Directors (the "Conflicts Committee") of Martin Midstream GP LLC (the "General Partner") highlighting the serious conflicts of interest among the Conflicts Committee, General Partner, Martin Resource Management Corporation ("MRMC"), and Martin Midstream Partners L.P. (NASDAQ: MMLP) ("MMLP" or the "Partnership"). In the letter, Nut Tree and Caspian reiterate their fully-financed offer to acquire MMLP's common units for per common unit in cash, which represents a 31% premium over MRMC'S offer, and urge the Conflicts Committee to act in the best interests of all MMLP common unit holders by requiring that any transaction with MRMC be subject to the approval of a majority of the Show less Read more
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