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Star Group Has Entered Into A Definitive Agreement To Purchase A Home Energy Distributor, Located Within The Company's Existing Operating Footprint, For ~$68M

Author: Benzinga Newsdesk | December 12, 2024 09:16am

Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced it has entered into a definitive agreement to purchase a home energy distributor, located within the Company's existing operating footprint, for approximately $68 million before working capital adjustments. Star anticipates closing on the transaction within the next 45 days, subject to compliance with governmental reporting requirements. Additional terms were not disclosed.

Posted In: SGU


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