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 | ||||||
