Mergers & Acquisitions
United Oil Primed for Growth (Part 1)
With new leadership and core operations team, chain targets western acquisitions
Fuels
Consumer Optimism Surges Despite Gas Prices
Would have to reach $5.08 before they would seek out alternatives to driving
We live in a business climate of group thought and collaboration, born in response to excessive hierarchical decision-making. Teamwork and open communication breed positive morale, expand ideas and give rise to initiatives that otherwise might remain imprisoned. Idea factories make wonderful labs for working inter- and intra-departmentally, to brew brilliance and keep everyone animated and invested. But something is missing: quiet.
When Hess Corp. filed for a tax-free spinoff of its retail business in January, could deal makers ever have imagined that the convenience store brand as they knew it would completely cease to exist in just three short years? The iconic bold green-and-white logo will soon make way for another icon, albeit a Midwestern one: Speedway’s red-and-white logo.