Corporate News

Corporate news affecting the convenience store industry

Will expand opportunities relating to bankruptcies, divestitures

CHICAGO -- ­NRC Realty Advisors LLC has hired Jeff Pomerantz as vice president of business development. He will be responsible for expanding the companys opportunities in the real estate industry as it relates to both bankruptcies and divestitures, areas in which he has more than 35 years of...

Alon USA Energy Inc. announced that it has closed on its previously announced acquisition of Paramount Petroleum Corp. with an effective date of July 31, 2006.

DALLAS --Alon USA Energy Inc. has announced that it has closed on its previously announced acquisition of Paramount Petroleum Corp. with an effective date of July 31, 2006. The purchase price was approximately $314 million in cash and approximately $150 million in assumed net debt with excess...

Will guide global marketing, innovation

CHICAGO -- Information Resources Inc. (IRI), a provider of enterprise market information solutions for the consumer packaged goods (CPG), retail and healthcare industries, said that Andrew A. Salzman recently joined the company as executive vice president and global chief marketing officer. In this...

Strong margin environment for refiner-marketer
Strong refining margins for ethanol-blended gas, low-sulfur diesel
Firm buys 4 Ill. stations for cleanup, resale
Company may not consider any acquisition proposal from Cardinal/Drawbridge
Alon USA Energy Inc. received notice from the FTC that the FTC has closed its investigation of Alon's pending acquisition of Paramount Petroleum Corp.
Paying property taxes on grossly inflated values isn't fair and isn't good business.
Completes acquisition of refining equipment, marketing assets

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