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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

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.