| May 16th, 2023 6:00 AMMagellan Midstream Partners Rallies On $18.8 Billion Merger
Shares of Magellan Midstream Partners (NYSE: MMP) rose by as much as 16% during the opening of Monday's trading session, while the stock's price action retreated to close the day up by 12.99%; the move is due to undeniably good news for shareholders. ONEOK (NYSE: OKE) has struck a deal to acquire Magellan Midstream Partners for a total sum of $18.8…