I own shares in PBF and their limited partner ship, PBFX, and they just announced a merger this morning where PBF will acquire PBFX. I’m guessing it’s because they had great earnings this quarter due to the crazy oil and gas market.
My question, how long can I expect it to be before the acquisition takes place? The news release doesn’t have specifics.
I’m sure no one can give anything concrete but how far down the road are we looking? Should I be looking at days, weeks, or even months? That’ll help me determine my exit strategy.
Thank you
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