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Marathon to buy retail unit from Hess for $2.87 billion

22.05.2014 / Energyboardroom

Speedway LLC, a subsidiary of Marathon Petroleum Corp. (MPC), has agreed to acquire Hess Retail Holdings LLC, the East Coast’s largest chain of company operated retail outlets and convenience stores with 1,342 locations, from Hess Corp. for $2.87 billion.

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