Go Back   The Supercar Registry > General Discussion > Lounge


Reply
 
Thread Tools Display Modes
  #1  
Old 08-04-2020, 03:34 PM
Mr70's Avatar
Mr70 Mr70 is offline
Yenko Contributing Member
 
Join Date: Jan 2001
Location: Illinois
Posts: 20,421
Thanks: 70
Thanked 2,512 Times in 1,145 Posts
Default More Speedways Coming

Not the kind you think..
https://www.latimes.com/business/sto...tions-marathon

Seven & i Holdings Co,the world’s largest convenience store operator,is betting $21 billion on the future of quick-stop shopping in the U.S,reviving a once-abandoned deal to make sure the target didn’t fall into the hands of a competitor.The global operator of the 7-Eleven franchise agreed to buy Marathon Petroleum Corp.’s gas-station business,adding 3,900 Speedway Branded outlets to clinch a dominant position of almost 14,000 stores in the U.S. and Canada.Seven & i pushed ahead despite the uncertainty of the COVID-19 pandemic and investor pessimism.Its shares declined 4.8% in Tokyo on Monday.Marathon rose 3.3% at 9:56 a.m.in New York.The total purchase price was higher than some U.S. analysts were expecting,according to Citigroup Inc.
Reply With Quote
Click here to view all the pictures posted in this thread...
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 09:32 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.

O Garage vBulletin Plugins by Drive Thru Online, Inc.