GPP

Green Plains Partners LP

GPP

Market cap $286M

Delisted

GPP was delisted on the 8th of January, 2024.

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Sentiment 3-Months

Positive

Neutral 0%

Negative

Green Plains Inc. and Green Plains Partners LP Announce Unitholder Approval of Merger

OMAHA, Neb.--(BUSINESS WIRE)--Green Plains Inc. (NASDAQ: GPRE) (“Green Plains”) and Green Plains Partners LP (NASDAQ: GPP) (the “Partnership”) today announced that the Partnership's common unitholders approved that certain Agreement and Plan of Merger, dated as of September 16, 2023 (the “Merger Agreement”), by and among Green Plains, GPLP Holdings Inc., a wholly owned subsidiary of Green Plains (“Holdings”), GPLP Merger Sub LLC, a wholly owned subsidiary of Holdings (“Merger Sub”), the Partner.

Green Plains Inc. and Green Plains Partners LP Announce Unitholder Approval of Merger

Green Plains Partners: Can Its Nearly 14% Dividend Yield Be Sustainable?

Green Plains Partners LP warrants a buy rating for its high dividend yield and sustainability. The ethanol market is expected to see significant growth, benefiting GPP's revenue from storage and transportation. Despite potential risks, GPP has stable fundamentals and low volatility, making it a solid choice for dividend investors.

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