BUZZ-Martin Midstream falls after ending buyout deal with Martin Resource

Natgas distribution firm Martin Midstream Partners' MMLP.O shares fall ~6% to $3.78

Co on Thursday said it will terminate its previously announced sale to its largest shareholder Martin Resource Management Corp

Shares lowest since Oct 3. when agreement was first announced

Martin Resource was set to pay $4.02 per MMLP unit in cash. But the agreement was opposed by hedge funds who said the offer undervalued MMLP

Hedge funds Nut Tree Capital Management and Caspian Capital had made a competing bid to buy MMLP for $4.50 per unit earlier this year

Including session's moves, stock is up 57.3% YTD

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))