Nut Tree Capital Management and Caspian Capital Oppose Martin Midstream Partners L.P. Sale to Martin Resource Management Corporation
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
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US:NASDAQ Investor Relations:
ir.martinmidstream.com
Company Research
Source: PR Newswire
Nut Tree and Caspian Believe Proposed Sale Significantly Undervalues MMLP and its Future ProspectsNut Tree and Caspian Intend to File a Proxy Statement and Solicit Proxies to Vote "AGAINST" the Proposed SaleNut Tree and Caspian Launch www.ProtectMMLPValue.comNEW YORK, Oct. 22, 2024 /PRNewswire/ -- Nut Tree Capital Management L.P. ("Nut Tree") and Caspian Capital L.P. ("Caspian"), today announced that they intend to oppose the proposed sale of Martin Midstream Partners L.P. ("MMLP" or the "Company") (Nasdaq: MMLP) to Martin Resource Management Corporation ("MRMC"), an affiliate of the Company's General Partner, for $4.02 per MMLP common unit not already owned by MRMC. Nut Tree and Caspian have combined economic exposure in the Company of approximately 13.2% of the outstanding common units through certain cash-settled derivative agreements and are aligned with MMLP unitholders who are unaffiliated with MRMC in seeking to protect the long-term value of the Company.Nut Tree and Caspian be
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MMLP
News
- Martin Midstream Partners L.P. (NASDAQ: MMLP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
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- Martin Midstream Partners L.P. (NASDAQ: MMLP) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
MMLP
Earnings
- 10/16/24 - Miss
MMLP
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form PRER14A
- 11/20/24 - Form 4
- MMLP's page on the SEC website