Marathon petroleum board concludes review of midstream business

Marathon petroleum corp. board concludes review of midstream business.marathon petroleum corp - unanimous decision of its board of directors to maintain mpc's current midstream structure.marathon petroleum corp - company will remain general partner of mplx lp.marathon petroleum - considering about $1.8 billion distributions mpc gets from mplx, separation of remaining midstream entity would be cash-flow negative to mpc.marathon petroleum - "separation would introduce likely tax costs of $1 billion or more depending on scenario, and mplx debt restructuring costs of up to $500 million".
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