All Three Proxy Advisory Firms Recommend Energy Transfer Partners, L.P. Unitholders Vote for Merger with Sunoco Logistics Partners L.P.

DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced that all three proxy advisory firms, Institutional Shareholder Services (“ISS”), Glass Lewis & Co., and Egan-Jones Proxy Services have recommended that ETP unitholders vote "FOR" approval of the proposed merger with Sunoco Logistics Partners L.P. (NYSE: SXL), which will be considered at the April 26, 2017 special meeting of ETP unitholders. ETP unitholders of record as of the close of business on February 27, 2017 will be entitled to vote at the meeting. As previously announced under the terms of the merger agreement, holders of ETP common units will receive 1.5 SXL common units for each ETP common unit.