MATRIX ANNOUNCES THE SUCCESSFUL SALE OF CROSSAMERICA PARTNERS LP'S FUELS TRANSPORTATION, HEATING OIL & TANK WAGON BUSINESSES

摘要

Matrix Capital Markets Group, Inc. announces the successful closing on the sale of the fuels transportation, residential heating oil and tank wagon commercial fuels businesses owned by CrossAmerica Partners LP (the "Company" or "CrossAmerica") that were formerly operated by wholly owned subsidiary, Petroleum Marketers, Inc. ("PMI") to multiple buyers. Reliable Tank Line, LLC, a division of Quality Oil Company, LLC, purchased the fuels transportation business. The heating oil and tank wagon commercial fuels business was sold by terminal branch to multiple buyers: Quarles Petroleum, Inc.; Davenport Energy, Inc.; and, Woodfin Heating, Inc.