Martin Resource Management terminated the acquisition of the remaining share in Martin Midstream Partners for $132m.

Martin Resource Management, a provider of transportation, terminalling, marketing and logistics management services for hydrocarbon products and by-products, chemical and other bulk liquids, terminated the acquisition of the remaining share in Martin Midstream Partners, a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States, for $132m. “We appreciate the feedback we have received from unitholders during our extensive outreach and engagement over the last several weeks. We greatly value unitholders’ perspectives and are pleased that unitholders have confidence in the future of MMLP as a standalone company. We will continue to focus on executing our long-term strategy, including strengthening the balance sheet through debt reduction and improving operating results, to create value for unitholders," Bob Bondurant, General Partner President and CEO.