NuStar Energy, the liquids terminal and pipeline operator, jumped 18% to $21.32 after Sunoco agreed to buy the company for $7.3 billion, including debt. Under terms of the deal, NuStar was valued at about $23.78. NuStar closed Friday at $18.03. Sunoco traded down 4.6% on Monday.
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Several people were let go with few months of transition jobs. Some were offered positions.