7-Eleven’s May 14 closing of its purchase of the Speedway convenience-store chain from Marathon Petroleum led FTC commissioners to question the legality of the deal. Here, CSP collects both sides of the story …
coronavirus
7-Eleven and Speedway: History of the Deal
The biggest transaction in c-store history almost fell apart more than once
Aug. 3, 2020
Deal announced
mergers and acquisitions
Speedway Selling 166 Former Gas Stations, Other Properties
Company putting sites up for sale ‘as is’ in 22 states
May 14, 2021
Acquisition closed
mergers and acquisitions
7-Eleven Completes Acquisition of 3,800 Speedway Stores
Largest acquisition in c-store history accelerates No. 1 retailer’s growth trajectory, expands company-op footprint
mergers and acquisitions
FTC Commissioners Challenge Closing of 7-Eleven’s Purchase of Speedway
Suggest the transaction is ‘a merger-to-monopoly’ in some local markets
CSP Daily News
7-Eleven, Marathon Defend Speedway Transaction Closing
Deal is legal, companies say in response to 'false' FTC comments
financial
7-Eleven Expects to Sell 293 Stores to Settle Speedway Objections
Says agreement is pending FTC approval
mergers and acquisitions
CrossAmerica to Acquire 106 C-Stores From 7-Eleven
Seller divesting sites as part of Speedway deal with Marathon Petroleum