Mergers & Acquisitions News
Shipley Energy putting two east central Pennsylvania sites on the market
YORK, Pa. -- Shipley Energy has put two of its four Tom’s Travel Center locations in east central Pennsylvania up for sale. One of the locations is in Milroy, and the other is in Mifflintown. The Milroy property features a 13,000-square-foot building with a convenience store and truck-oriented...
FTC settles competition charges over Holiday acquisition
WASHINGTON -- Following a public comment period, the Federal Trade Commission (FTC) has approved a final order settling charges that convenience-store and gas-station operator Alimentation Couche-Tard Inc.’s acquisition of Holiday Cos. would violate federal antitrust law. In a deal that closed Dec...
Frawley Oil exiting retail to focus on distribution
ANKENY, Iowa -- Casey’s General Stores Inc. has purchased five convenience stores in Wisconsin from Frawley Oil Co., which is effectively exiting retailing. The stores are in Whitewater, Delavan, Elkhorn, Fort Atkinson and Jefferson, Wis. Frawley Oil is keeping one c-store, but will be selling it...
Analysts, experts curious and skeptical about EG Group’s strategy
Acquisition catapults U.K.-based retailer to place among top 10 convenience chains
Will establish North American headquarters in Cincinnati, operate the 762 stores under existing banners
California, Texas see the most activity in this month’s tally