|Friday, 25 May 2012, 20:30 HKT|
Source: Marathon Petroleum Corporation
ENON, Ohio, May 25, 2012 - (ACN Newswire) - Speedway LLC (Speedway) announced today that it has finalized all closing-related activities pertaining to the acquisition of 87 GasAmerica Services, Inc. (GasAmerica)retail locations. The transaction was originally announced on February 9, 2012. "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.
About Speedway LLC
Speedway LLC, headquartered in Enon, Ohio, owns and operates the nation's fourth largest convenience store chain, with approximately 1,460 locations in seven states in the Midwest. Speedway is an indirect wholly owned subsidiary of Marathon Petroleum Corporation (NYSE:MPC). For further information about Speedway, visit the company's website at http://www.speedway.com .
Media Relations Contacts
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marathon Petroleum Corporation via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2012. All rights reserved.
May 25, 2012
Topic: Press release summary
From the Asia Corporate News Network
Copyright © 2013 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.