Western Refining Inc. (NYSE: WNR) will be acquired by Tesoro Corp. (NYSE: TSO) in a stock transaction valued at approximately $6.4 billion including the assumption of debt. Shares of Western Refining leaped $7.05 to close at $37.55 while Tesoro stock rose 82 cents to close at $86.56.
Tesoro to buy Western Refining
November 17, 2016 at 16:09 PM EST
