ARKO Records Robust Q1 2023 In-Store PerformanceFirst quarter same-store merchandise sales, excluding cigarettes, grew 7.6 percent. BP & TravelCenters of America Merger Becomes OfficialThe sale spurred a brief bidding war with ARKO Corp. before BP's offer was ultimately approved by TA's shareholders. TravelCenters of America Shareholders Vote in Favor of BP Deal The $1.3 billion transaction is on track to close May 15. ARKO Firms Up Growth Strategy With Oak Street Deal Extension In aggregate, the company has more than $2 billion available for future merger-and-acquisition activity. GPM Investments Kicks Off Latest Round of Seasonal Savings Enrolled loyalty members can check for exclusive deals weekly in the fas REWARDS mobile app through May 16. ARKO Remains Focused on 'Making Disciplined & Accretive Transactions' The parent company of GPM Investments will close its 24th acquisition since 2013 during the second quarter of 2023. TravelCenters of America Confirms BP Bid After Reviewing ARKO's Offer Its board of directors cited a lack of committed financing as the bid's critical deficiency. Industry Roundup: The Top 10 Most-Read Stories of March 2023 Retailers made significant expansion and acquisition moves. ARKO Urges TravelCenters of America to Talk Possible Deal The company addresses multiple concerns raised by TA in a new letter to its board of directors. TravelCenters of America Marks Another Step in BP Deal A required 30-day waiting period expired without action from the Federal Trade Commission. First Previous 4 5 6 7 8 Next Last
