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November 14, 2018

Volume 2 Issue 12

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HollyFrontier to Acquire Sonneborn

A HollyFrontier subsidiary will acquire Sonneborn from private equity firm One Equity Partners for $655 million cash under an agreement announced yesterday. HollyFrontier officials said the addition of Sonneborn’s specialty products is another step in diversifying its product mix with a shift toward finished products.