Dallas-based energy companies HF Sinclair Corp. and Holly Energy Partners LP have agreed to merge in a what Reuters said is a $1.44 billion deal that will simplify corporate structure, reduce costs, and further support the integration and optimization of the HF Sinclair portfolio.
“We are pleased to announce this strategic transaction which we believe simplifies our corporate structure, reduces costs and further supports the integration and optimization of our portfolio,” HF Sinclair’s Chief Executive Officer and President Tim Go said in a statement....