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Andeavor unit to buy Western Refining Logistics for $1.5 billion

(Reuters) - U.S. pipeline operator Andeavor Logistics LP said on Monday it would buy rival Western Refining Logistics LP for $1.5 billion as it seeks to expand into the Permian Basin in Texas and New Mexico.

Western Refining unitholders will receive 0.5233 Andeavor Logistics units for...