Corporate News

Corporate news affecting the convenience store industry

Management buyout valued at $22 billion

HOUSTON -- Pipeline company Kinder Morgan Inc. (KMI) has announced it has signed a definitive merger agreement under which a group of investors will acquire KMI in a transaction valued at approximately $22 billion. This includes the assumption of approximately $7 billion of debt. The investor group...

Cohen to head up new branch

BONITA SPRINGS, Fla. -- Energy Recruiters Inc. (ERI) has announced that is opening an office in Fonthill, Ont., Canada. Our newest branch will allow us to serve Canadian refiners, retailers and marketers with their challenging personnel needs, said Chris McAuliffe, ERI's President and CEO. The...

New brand formed to focus offering

CORAL GABLES, Fla. -- PetroConsulting Inc. said it has decided to spin off its operational division to form PetroProperties & Finance LLC. The new company is headquartered in Coral Gables, Fla. PetroConsulting's mission has changed from its early days as primarily a consulting company to its...

Drive-thru c-store chain may buy gourmet food business
Steinhagen named president of Lamar University Foundation
Lassus Bros. develops just-in-case strategy for IT, personnel emergencies
Solar panels, living roof set Oregon retail biofuels station apart
Marti Money joins TAC
Stores, stations, fuel supply agreements sold to multiple buyers
7-Eleven regional VP named to head up acquisition; Barnholt to stay on as advisor