A story in the April 19 issue of CSP Daily News stated that Sovereign Investment Co., Princeton, N.J., purchased four Circle K in Illinois from Canada's Alimentation Couche-Tard. The stores were, in fact, purchased from a third party that continues to lease the sites. A spokesperson for Sovereign Investment would not identify the company that sold the stores.In addition, BP is selling 22 properties in New Jersey and one site in Freeport, N.Y. The properties include 18 BP-branded gasoline stations, three vacant land parcels and one land parcel with an existing building. The original press release, [image-nocss] picked up in a CSP Daily News Flash on April 20 and in the regular April 21 issue of CSP Daily News, included a different store count. Also, the 18 BP-branded gasoline stations being sold are company-owned and -operated and not dealer-owned, dealer-operated. They are being sold with 10-year dealer supply agreements.
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