7-Eleven adding more than 1,100 stores in $3.3 billion deal

Convenience store giant 7-Eleven is tacking on more than 1,100 stores in a $3.3 billion acquisition, it’s parent company announced Thursday.
Seven & I Holdings, a Japanese company that owns Irving-based 7-Eleven Inc., said its North Texas subsidiary will purchase 1,108 Sunoco LP (NYSE: SUN) stores in 18 states in a transaction expected to close in the second half of the year.
Sunoco operates roughly 1,350 fuel stations under brand names like Stripes and APlus.
Seven & I has also agreed to continue…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/07/7-eleven-adding-more-than-1-100-stores-in-3-3.html?ana=RSS%26s=article_search

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