Hollyfrontier closes acquisition of puget sound refinery

Dallas--(business wire)--hollyfrontier corporation (nyse: hfc) (“hollyfrontier”) today announced the completion of the previously announced acquisition of the puget sound refinery, the on-site cogeneration facility and related logistics assets, from equilon enterprises llc d/b/a shell oil products us (“shell”) for aggregate cash consideration of $613.6 million, which consists of a base cash purchase price of $350.0 million, hydrocarbon inventory with an estimated closing value of approximately
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