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Recommends shareholders reject TRC Capital's mini-tender offer

HOUSTON -- Marathon Oil Corp. said that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corp., a private Canadian investment company, and that it does not recommend or endorse the offer. The oil company said it has received a copy of the offer to purchase document, dated...

Hollywood store opens; observer asks is Fresh & Easy success in the stars?

HOLLYWOOD, Calif. -- As Tesco's U.S. offering, Fresh & Easy, made its Hollywood debut earlier this week, complete with celebrity lookalikes, one food industry observer said that "Tesco has yet to prove the viability of the Fresh & Easy concept." Jim Prevor, aka The Perishable Pundit,...

Industry giant continues trend of infrequent acquisitions with small-scale purchase

GLOUCESTER, Va. -- 7-Eleven flexed its often-dormant acquisition arm this month with the purchase of seven Little Sue convenience stores in Gloucester and Middlesex counties of Virginia, as reported in a CSP Daily News Flash yesterday. The Dallas-based company is expected to purchase an eighth...

Couche-Tard readies for next phase of acquisitions with reorganization
Brazilian oil company increasing U.S. investment upstream, possibly at retail
Retailer to debut new stores, food, car washes with $55 million expansion
Mostly closed locations are in major U.S. markets
Report calls for 40-cent federal gas tax hike, state fuel tax increases
Rumor of Snak-Atak acquisition in line with retailer's growth plans.
Selling 48 sites in Atlanta area to be re-imaged as ampm stores