Hollyfrontier corporation and holly energy partners announce combination with sinclair oil and formation of hf sinclair corporation

Dallas--(business wire)--hollyfrontier corporation (nyse: hfc) (“hollyfrontier”) and holly energy partners, l.p. (nyse: hep) (“hep”), today announced they have entered into definitive agreements under which hollyfrontier and hep will acquire sinclair oil corporation and sinclair transportation company from the sinclair companies (“sinclair”). hollyfrontier transaction under the terms of hollyfrontier's definitive agreement, hollyfrontier will acquire sinclair's: branded marketing business and a
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