7-Eleven to acquire rival Speedway for $21 billion
IRVING, Texas — Convenience store giant 7-Eleven Inc. is set to strengthen its position by acquiring the rival Speedway chain from Marathon Petroleum Corp. for $21 billion in cash. As part of the agreement, 7-Eleven will acquire approximately 3,900 Speedway stores in 35 states. The move will give 7-Eleven about 14,000 stores in the United