Emerge Energy Services LP shares jumped in the extended session Thursday after Sunoco LP said it agreed to buy Emerge's fuels business for $178.5 million. Emerge shares rallied 15% to $13.25 after hours. Under the agreement, Sunoco will acquire Dallas-based Direct Fuels LLC and Birmingham, Ala.-based Allied Energy Company LLC from Emerge. The deal is expected to close in the third quarter.
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