Speedway Finalizes Acquisition of GasAmerica
"It is an exciting time at Speedway and we are thrilled to be gaining such great people and adding these locations to our existing portfolio. We are looking forward to serving the communities surrounding these stores and fulfilling our commitment to meet our customers' fueling and convenience needs. The tremendous effort by both the GasAmerica and Speedway teams provided for a very smooth and efficient operational transition," said Speedway President Tony Kenney.
The acquisition, first announced in February, means less competition in Indiana, where the majority of the GasAmerica sites operate. This could increase fuel prices in the state, according to GasBuddy.com.