Magellan to Sell Three U.S. Marine Terminals to Buckeye Partners

Updated 1 year 8 months ago

Magellan Midstream announced in January 2020 an agreement to sell three marine terminals in New Haven, Connecticut; Wilmington, Delaware; and Marrero, Louisiana to Buckeye for $250 million. The sale is expected to close by late first or early second quarter of 2020. Jeffries served as a financial advisor to Magellan.