Divestiture Feb 2007 · Alaska Verified
Suburban Propane Exits Non-Strategic Customer Service Centers
Suburban Propane Partners, L.P. disposed of nine non-strategic customer service centers in exchange for three customer service centers located in Alaska. The transaction resulted in a $1.0 million gain reported within discontinued operations.
“Net income and EBITDA for the first quarter of fiscal 2007 also included a $1.0 million gain (reported within discontinued operations) from the disposition of nine customer service centers considered to be non-strategic and which were exchanged for three customer service centers of another company located in Alaska.”
Entities
Suburban Propane Partners, L.P. · Parent
HVACOther Sentiment: Neutral
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