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Thomas Mason, senior vice president, general counsel and secretary of Energy Transfer Partners (ETP), turned to Vinson & Elkins for the Dallas energy company’s pending acquisition of Susser Holdings Corp. in a unit and cash transaction valued at $1.8 billion.

Chip Bonner, executive vice president and general counsel of Corpus Christi–based Susser, is using a team from Gibson, Dunn & Crutcher.

On April 28 ETP announced that it has entered into a definitive merger agreement and it will acquire Susser for $1.8 billion. ETP will purchase the general partner interest in Susser; incentive distribution rights in Susser Petroleum Partners LP; 50.2 percent of Susser Petroleum outstanding units; and Susser retail operations, consisting of 630 convenience stores.

The agreement, which the boards of directors of both companies have approved unanimously, provides for Susser Holdings shareholders to choose to receive $80.25 in cash of 1.4506 ETP common units for each share of Susser Holdings they own. The transaction is expected to close during the third quarter of 2014, subject to the approval of Susser Holdings shareholders and customary regulatory approvals.

Matt Strock, an M&A partner in Houston, led the V&E team for ETP, with assistance from Houston associates Lande Spottswood, Atman Shukla, Wright Wommack and Brant Wischnewsky. Other V&E lawyers on the deal include tax partner Price Manford of New York and associate Robert Jacobson of Houston, and employee benefits partner Brian Bloom of Dallas and associate Jared Whalen of Houston.

At ETP, associate general counsel Jason Healy is working on the deal.

At Gibson Dunn, Dallas corporate partner Jay Tabor leads the team representing Susser, along with corporate partner Barbara Becker and associates Saee Muzumdar and Quinton Farrar, all of New York. Others are tax partner David Sinak of Dallas and benefits partner Michael Collins, antitrust partner Adam Di Vincenzo and counsel Andrew Cline, all of Washington, D.C.

Also, on the in-house side at Susser, associate general counsel Chris Dial is working on the transaction.