There was an announcement yesterday that Delek had agreed to sell retail related assets of Mapco to the US unit of Compania De Petroleus De Chile for $535mm. The release went on to quote Delek's CEO saying "this flexibility can be used to support Delek Logistics Partners as it explores growth opportunities as well as continuing to evaluate strategic opportunities to create long term value for shareholders".
ALJ is up another 2% today on more normal volume. Steve Cohen (ex SAC Capital) filed earlier this summer, having increases ALJ stake above 5%.
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