Corporate News

Corporate news affecting the convenience store industry

Firm buys 4 Ill. stations for cleanup, resale

LAS VEGAS -- Global Development & Environmental Resources Inc. said that its wholly owned subsidiary, Recovery Earth Holdings Inc., has completed the acquisition of four closed gas stations located in Illinois. The properties were purchased in a cash and stock transaction and are owned by...

Company may not consider any acquisition proposal from Cardinal/Drawbridge

INDIANAPOLIS -- Marsh Supermarkets Inc., the grocery retailer that also operates more than 150 Village Pantry convenience stores, said late yesterday that the Hamilton Superior Court issued its ruling in the declaratory judgment action that the company filed in June against MSH Supermarkets Holding...

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.

DALLAS -- Alon USA Energy Inc. said that it received notice from the Federal Trade Commission (FTC) that the FTC has closed its investigation of Alon's pending acquisition of Paramount Petroleum Corp. Alon now expects to close the Paramount transaction by mid-August. The transaction will include...

Completes acquisition of refining equipment, marketing assets
SSA increased same-store merchandise sales by 8.7%
Ten former Git-N-Go locations in Arkansas to re-open soon
Paying property taxes on grossly inflated values isn't fair and isn't good business.
ExxonMobil sees 36% increase over last year's 2Q.
Fred H. Bosselman Sr., the founder of a number of Bosselman companies, died Thursday night at age 89, reported the Grand Island (Neb.) Independent.
along with revenues, income, margins, gallons, profits

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