Western Refining Logistics LP (NYSE: WNRL) is paying $360 million for the southwest wholesale business of Western Refining Inc. (NYSE: WNR).

The business includes fuel sales of about 79,000 barrels per day, crude oil trucking operations and a lubricant products distribution business. Western Refining Logistics expects the unit to have about $40 million in Ebitda for 2015. The purchase price works out to $320 million in cash and 1.16 million common units.

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