However, going by the top two US FTC experts, the conclusion of 7-Eleven's acquisition of multiple Speedway gas and convenience stations was suspected to be illegal and created difficulties in several local markets across the United States. They further said that the two involved parties culminated their deal at their own risk. The two officials believed that the commission was unable to strike an antitrust accord with the companies.
According to the proposed consent decree, Marathon Petroleum and 7-Eleven must divest 124 retail fuel outlets to Anabi Oil including 123 Speedway outlets and one 7-Eleven outlet. They must also sell 106 retail fuel stores to Cross America Partners, which include 105 Speedway outlets and one 7-Eleven hub. In addition, they must sell 63 Speedway retail fuel stores to Jacksons Food Stores.
I have absolutely no idea what this is supposed to mean. 🤷♂️
Figure it out Epstein
Oops I meant Einstein*
I tried. I worked all day. Maybe I will attempt it in the morning.
Well get to bed ChickenHead!
Lol! I will, Bigturtle, I will.
This post needs a rabbit and a pancake.
https://www.nasdaq.com/articles/marathon-mpc-7-eleven-to-sell-stores-obeying-ftc-order-2021-06-30
However, going by the top two US FTC experts, the conclusion of 7-Eleven's acquisition of multiple Speedway gas and convenience stations was suspected to be illegal and created difficulties in several local markets across the United States. They further said that the two involved parties culminated their deal at their own risk. The two officials believed that the commission was unable to strike an antitrust accord with the companies.
According to the proposed consent decree, Marathon Petroleum and 7-Eleven must divest 124 retail fuel outlets to Anabi Oil including 123 Speedway outlets and one 7-Eleven outlet. They must also sell 106 retail fuel stores to Cross America Partners, which include 105 Speedway outlets and one 7-Eleven hub. In addition, they must sell 63 Speedway retail fuel stores to Jacksons Food Stores.
How’s that trusting the Ex*perts going for everyone?
I wonder if they would insist on breaking speedway up if it was blackrock, vanguard or statestreet that was buying it.
711 buys SpeedWay, Operation WARPSPEED
ahhhhh.... Huston.. we have a problem.....