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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 9, 2007
GLOBAL PARTNERS LP
(Exact name of registrant as specified in its charter)
Delaware 001-32593 74-3140887
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
P.O. Box 9161
800 South Street
Waltham, Massachusetts 02454-9161
(Address of Principal Executive Offices)
(781) 894-8800
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On July 9, 2007, Global Companies LLC ("Global"), a wholly owned subsidiary
of Global Partners LP (the "Partnership"), entered into a Terminals Sale and
Purchase Agreement (the "Terminals Purchase Agreement") with ExxonMobil Oil
Corporation ("ExxonMobil"), pursuant to which Global agreed to acquire two
refined products terminals from ExxonMobil for a total purchase price of $34.7
million (the "Terminals Acquisition"). The terminals, located in Glenwood
Landing and Inwood, New York, have combined storage capacity of 430,000 barrels.
The acquisition, which is expected to close in the third quarter of 2007, is
subject to the satisfaction of various customary closing conditions. ExxonMobil
has also entered into long-term throughput contracts with Global to use the
terminals upon closing of the Terminals Acquisition.
A copy of the press release announcing the execution of the Terminals
Purchase Agreement is attached as Exhibit 99.1 to this Current Report on Form
8-K and is incorporated by reference into this Item 1.01.
Item 7.01 Regulation FD Disclosure
On July 10, 2007, the Partnership issued a press release announcing the
execution of the Terminals Purchase Agreement. A copy of the press release is
furnished and attached as Exhibit 99.1 hereto and is incorporated herein by
reference.
The information furnished pursuant to Item 7.01 in this report on Form 8-K,
including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of
Section 18 of the Exchange Act, or otherwise subject to the liability of that
section, unless the Partnership specifically states that the information is to
be considered "filed" under the Exchange Act or incorporates it by reference
into a filing under the Securities Act of 1933 or the Exchange Act.
Item 9.01 Financial Statements and Exhibits
In accordance with General Instruction B.2 of Form 8-K, the information set
forth in Exhibit 99.1 shall not be deemed to be "filed" for purposes of Section
18 of the Exchange Act or otherwise subject to the liabilities of that section,
unless the Partnership specifically states that the information is to be
considered "filed" under the Exchange Act or incorporates it by reference into a
filing under the Exchange Act or the Securities Act of 1933, as amended.
(d) Exhibits
Exhibit
Number Description
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99.1* Global Partners LP Press Release dated July 10, 2007
* Filed herewith
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GLOBAL PARTNERS LP
By: Global GP LLC,
its general partner
Dated: July 10, 2007 By: /s/ Edward J. Faneuil
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Edward J. Faneuil
Executive Vice President,
General Counsel and Secretary
EXHIBIT INDEX
Exhibit
Number Description
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99.1* Global Partners LP Press Release dated July 10, 2007
* Filed herewith