8-KOther EventsExhibits & Filings

MPLX LP 8-K Report, Corporate Update (Jun 28, 2019)

Filed June 28, 2019For Securities:MPLXMPLXP

Summary

MPLX LP (MPLX) filed an 8-K on June 28, 2019, to announce the expected closing date of its merger with Andeavor Logistics LP (ANDX). The companies anticipate the merger will be finalized on or about July 30, 2019. This filing also noted the voluntary dismissal of a shareholder lawsuit that had alleged material omissions in MPLX's registration statement concerning the merger. The lawsuit, filed on June 19, 2019, was dismissed by the plaintiff on June 24, 2019. Investors should note that the Registration Statement, which contains important information about the transaction, has been declared effective by the SEC. The final consent statement/prospectus was mailed to ANDX unitholders around June 28, 2019. The filing reiterates that MPLX, ANDX, and their parent company Marathon Petroleum Corporation (MPC) may be considered participants in the solicitation of consents for the transaction. Investors are encouraged to review the full registration statement and related documents for comprehensive details on the merger and potential participant interests.

Key Highlights

  • 1MPLX LP and Andeavor Logistics LP (ANDX) expect their merger to close on or about July 30, 2019.
  • 2A shareholder lawsuit filed against the merger has been voluntarily dismissed by the plaintiff.
  • 3The SEC has declared MPLX's Registration Statement, containing details of the merger, effective.
  • 4The final consent statement/prospectus for the merger was distributed to ANDX unitholders around June 28, 2019.
  • 5MPLX, ANDX, and MPC are identified as potential participants in the solicitation of consents for the merger.
  • 6The filing includes extensive cautionary statements regarding forward-looking information and potential risks associated with the merger.

Frequently Asked Questions

MPLX and ANDX announced that they expect the merger to close on or about July 30, 2019.

Yes, a shareholder filed a lawsuit alleging material omissions in the registration statement. However, the plaintiff voluntarily dismissed this lawsuit on June 24, 2019.

Investors and security holders can find detailed information in the Registration Statement filed with the SEC, which has been declared effective. The final consent statement/prospectus was mailed to ANDX unitholders around June 28, 2019. These documents are available for free on the SEC's website (www.sec.gov) and can also be obtained from MPLX or ANDX Investor Relations.

Marathon Petroleum Corporation (MPC) indirectly owns both MPLX and ANDX GP, meaning MPC controls both entities. MPC is involved in the merger and information about its directors and executive officers is available in its SEC filings.