Susser Holdings to vote on Energy Transfer Partners purchase Aug. 28

Corpus Christi, Texas -- Susser Holdings Corp. has set a date for a special meeting of its stockholders to consider and vote on the previously announced proposed acquisition of Susser Holdings by Energy Transfer Partners L.P. (ETP) and certain other matters. The special meeting will be held on Aug. 28, at Susser's corporate offices.



Susser Holdings stockholders of record as of July 22, 2014, are entitled to vote at the special meeting. The proposed acquisition is subject to approval by Susser's stockholders and certain other customary closing conditions.



Under the terms of the merger agreement, which has been unanimously approved by the boards of directors of ETP and Susser, stockholders of Susser Holdings will have the option to elect to receive either cash, ETP stock, or a combination of both, for each share held.