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    Amendment: SEC Form SC 13E3/A filed by Martin Midstream Partners L.P. Limited Partnership

    12/26/24 4:38:40 PM ET
    $MMLP
    Oil Refining/Marketing
    Energy
    Get the next $MMLP alert in real time by email
    SC 13E3/A 1 d895435dsc13e3a.htm SC 13E3/A SC 13E3/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    SCHEDULE 13E-3

    RULE 13e-3 TRANSACTION STATEMENT UNDER SECTION 13(e)

    OF THE SECURITIES EXCHANGE ACT OF 1934

    (Amendment No. 3)

     

     

    Martin Midstream Partners L.P.

    (Name of the Issuer)

     

     

    MARTIN MIDSTREAM PARTNERS L.P.

    MARTIN RESOURCE MANAGEMENT CORPORATION

    MMGP HOLDINGS LLC

    MARTIN MIDSTREAM GP LLC

    MRMC MERGER SUB LLC

    MARTIN RESOURCE LLC

    CROSS OIL REFINING & MARKETING, INC.

    MARTIN PRODUCT SALES LLC

    SENTERFITT HOLDINGS INC.

    RUBEN S. MARTIN, III

    ROBERT D. BONDURANT

    (Name of Persons Filing Statement)

    COMMON UNITS

    REPRESENTING LIMITED PARTNER INTERESTS

    (Title of Class of Securities)

    573331105

    (CUSIP Number of Class of Securities)

     

     

     

    Robert D. Bondurant

    Martin Midstream Partners L.P.

    4200 B Stone Road

    Kilgore, TX 75662

    Telephone: (903) 938-6200

     

    Sharon L. Taylor

    Martin Resource Management Corporation

    MRMC Merger Sub LLC

    4200 B Stone Road

    Kilgore, TX 75662

    Telephone: (903) 938-6200

    (Name, Address, and Telephone Numbers of Person Authorized to Receive Notices and Communications on Behalf of the Persons Filing Statement)

     

     

    With copies to:

    M. Preston Bernhisel

    Baker Botts L.L.P.

    2001 Ross Street, Suite 900

    Dallas, Texas 75201

    Telephone: (214) 953-6500

     

     

    This statement is filed in connection with (check the appropriate box):

     

    a. 

      ☒    The filing of solicitation materials or an information statement subject to Regulation 14A (§§ 240.14a-1 through 240.14b-2), Regulation 14C (§§ 240.14c-1 through 240.14c-101) or Rule 13e-3(c) (§ 240.13e-3(c)) under the Securities Exchange Act of 1934 (“the Act”).

    b. 

      ☐   The filing of a registration statement under the Securities Act of 1933.

    c. 

      ☐   A tender offer.

    d. 

      ☐   None of the above.

    Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies: ☐

    Check the following box if the filing is a final amendment reporting the results of the transaction: ☒

     

     

     


    INTRODUCTION

    This Amendment No. 3 (this “Final Amendment”) to the Rule 13e-3 Transaction Statement on Schedule 13E-3, together with the exhibits hereto, is being filed with the Securities and Exchange Commission (the “SEC”) by (i) Martin Midstream Partners L.P., a Delaware limited partnership (the “Partnership”), (ii) Martin Resource Management Corporation, a Texas corporation (“Parent”), (iii) MMGP Holdings LLC, a Delaware limited liability company (“Holdings”), (iv) Martin Midstream GP LLC, a Delaware limited liability company (the “General Partner”), (v) MRMC Merger Sub LLC, a Delaware limited liability company (“Merger Sub”), (vi) Martin Resource LLC, a Delaware limited liability company (“Resource”), (vii) Cross Oil Refining & Marketing, Inc., a Delaware corporation (“Cross”), (viii) Martin Product Sales LLC, a Texas limited liability company (“Martin Product”), (ix) Senterfitt Holdings Inc., a Texas corporation (“Senterfitt”), (x) Ruben S. Martin, III and (xi) Robert D. Bondurant. Collectively, the persons filing this Final Amendment are referred to as the “filing persons” and the filing persons other than the Partnership are referred to as the “Buyer Filing Parties.”

    This Final Amendment relates to the Agreement and Plan of Merger, dated as of October 3, 2024, by and among Parent, Merger Sub, a wholly owned subsidiary of Parent, the General Partner, which is the general partner of the Partnership, and the Partnership (the “Merger Agreement”).


    ITEM 15. ADDITIONAL INFORMATION

    Regulation M-A Item 1011

    Item 15 is hereby amended and supplemented by adding the following language:

    (c) Other Material Information.

    On December 26, 2024, Parent and the Partnership (with the approval of the Conflicts Committee of the Board of Directors of the General Partner) entered into a termination agreement, pursuant to which the Merger Agreement was terminated. As a result, the Merger Agreement will be of no further force and effect, and the Support Agreements (as defined in the Merger Agreement) terminated in accordance with their terms.

    By filing this Final Amendment, the filing persons hereby withdraw the previously filed Schedule 13E-3 that was filed with the SEC on October 25, 2024, Amendment No. 1 to Schedule 13E-3 that was filed with the SEC on November 21, 2024, and Amendment No. 2 to Schedule 13E-3 that was filed with the SEC on November 27, 2024.


    ITEM 16. EXHIBITS

    Regulation M-A, Item 1016

    Item 16 is hereby amended and supplemented by adding the following exhibit:

     

    Exhibit
    No.
     

    Description

    (d)(6)   Termination Agreement between Martin Resource Management Corporation and Martin Midstream Partners L.P., dated December 26, 2024


    SIGNATURES

    After due inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

     

    Dated as of December 26, 2024    

    MARTIN MIDSTREAM PARTNERS L.P.

        By: MARTIN MIDSTREAM GP, LLC
        its general partner
        By:  

    /s/ Robert D. Bondurant

        Name:   Robert D. Bondurant
        Title:   President and Chief Executive Officer
    Dated as of December 26, 2024    

    MARTIN RESOURCE MANAGEMENT CORPORATION

        By:  

    /s/ Sharon L. Taylor

        Name:   Sharon L. Taylor
        Title:   Executive Vice President and Chief Financial Officer
    Dated as of December 26, 2024    

    MMGP HOLDINGS LLC

        By:  

    /s/ Robert D. Bondurant

        Name:   Robert D. Bondurant
        Title:   Chief Executive Officer
    Dated as of December 26, 2024    

    MARTIN MIDSTREAM GP, LLC

        By:  

    /s/ Robert D. Bondurant

        Name:   Robert D. Bondurant
        Title:   Chief Executive Officer
    Dated as of December 26, 2024    

    MRMC MERGER SUB LLC

        By:   

    /s/ Sharon L. Taylor

        Name:   Sharon L. Taylor
        Title:   Executive Vice President and Chief Financial Officer
    Dated as of December 26, 2024    

    MARTIN RESOURCE LLC

        By:  

    /s/ Sharon L. Taylor

        Name:   Sharon L. Taylor
        Title:   Executive Vice President and Chief Financial Officer


    Dated as of December 26, 2024    

    CROSS OIL REFINING & MARKETING, INC.

        By:  

    /s/ Sharon L. Taylor

        Name:   Sharon L. Taylor
        Title:   Executive Vice President and Chief Financial Officer
    Dated as of December 26, 2024    

    MARTIN PRODUCT SALES LLC

        By:  

    /s/ Sharon L. Taylor

        Name:   Sharon L. Taylor
        Title:   Executive Vice President and Chief Financial Officer
    Dated as of December 26, 2024     SENTERFITT HOLDINGS INC.
       

    /s/ Ruben S. Martin, III

        Name:   Ruben S. Martin, III
        Title:   President
    Dated as of December 26, 2024     RUBEN S. MARTIN, III
       

    /s/ Ruben S. Martin, III

        Ruben S. Martin, III
    Dated as of December 26, 2024     ROBERT D. BONDURANT
       

    /s/ Robert D. Bondurant

        Robert D. Bondurant
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