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Wednesday, May 19, 2021

7-Eleven, Inc. Announces Agreements to Sell 293 Speedway and 7-Eleven Stores

7‑Eleven, Inc. (“7‑Eleven”) announced today that it has signed definitive agreements to sell 293 Speedway and 7‑Eleven stores to three separate buyers. This follows the completion of 7‑Eleven’s acquisition of Speedway from Marathon Petroleum Corp. (NYSE: MPC) on May 14, 2021.

 

On March 15, 2021, 7‑Eleven signed a definitive agreement to sell 124 Speedway and 7‑Eleven sites in the Midwest, Northeast, Florida and Utah to Anabi Oil, a family-owned and operated business based in Upland, California.

 

On March 17, 2021, 7‑Eleven signed a definitive agreement to sell 63 Speedway sites in California, Arizona and Nevada to Jacksons Food Stores, a nationally recognized chain based in Meridian, Idaho.

 

On April 28, 2021 7‑Eleven signed a definitive agreement to sell 106 Speedway and 7‑Eleven sites located in the Mid-Atlantic and Northeast to CrossAmerica Partners LP, a publicly traded limited partnership headquartered in Allentown, Pennsylvania.

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