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Mergers & Acquisitions

  • Bad Gas Behind Chain's Bankruptcy

    Convenience USA CEO blames dwindling petroleum margins on company's problems.
  • Heller Financial to Relocate

    Headquarters moved from San Diego to Chicago.
  • 7-Eleven to Offer Banking Services

    Automated check-cashing services will be available at convenience stores in Texas and Florida starting this summer.
  • Convenience USA Files for Bankruptcy

    Mounting debt and gasoline volatility force reorganization.
  • Williams Lands Barrett

    Valero Energy Corp. and Ultramar Diamond Shamrock Corp. weren't the only two oil companies making merger news today as Williams Cos. Inc. agreed to buy oil and natural gas company Barrett Resources Corp. for approximately $2.5 billion in cash and stock.
  • U.S. Retailers Learn From Europe Fuel Crisis

    The lawsuit filed in U.S. District Court in New York focused only on fountain-dispensed drinks handled by large foodservice distributors who control deliveries to chains of restaurants and theaters.
  • C-Stores 'Burned' by Wildfires

    Sunoco has received "viable offers" for the Kendall brand, customer lists and a lubricants-blending plant in Tulsa, Okla., spokesperson Jerry Davis said. The company expects to take an unspecified third-quarter charge to write down the assets' value.
  • C-Stores 'Burned' by Wildfires

    In the Tri-Cities area, Aztex has sold four stations to Mountain Empire Oil. The company has a purchase agreement for the sale of its nine Nashville stores and two pieces of vacant property there to Parman Oil Co.
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