Investors Bag SXL Even Cheaper Than Its Secondary Stock Offering
October 07, 2016 at 13:43 PM EDT
Looking back to 11 days ago, Sunoco Logistics Partners LP (SXL) priced a 21,000,000 share secondary stock offering at $27.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..