Alon USA Partners, LP (ALDW)

[pete807]

From Jan 13th PR:

Based on a closing price of $24.07 per share for Delek US common stock on December 30, 2016, the implied price for Alon common stock is $12.13 per share, or $464 million in equity value for the remaining shares. The enterprise value of this transaction to acquire the remaining 53 percent of Alon shares of common stock not already owned by Delek US is approximately $675 million including the proportionate assumption of $152 million of net debt related to this transaction and $59 million of market value for the non-controlling interest in Alon USA Partners, LP ( ALDW ).