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Sunoco is on pace to exit company-operated stores by year's end

from Convenience Store News

With four months to go before the end of the year, Sunoco LP is on track to leave the company-operated store business before it rings in 2018. According to CEO Bob Owens, the company's sale of roughly 1,110 company-operated C-stores to Irving, Texas-based 7-Eleven Inc. is in "typical and customary regulatory discussions with the Federal Trade Commission" and Sunoco expects the transaction to close by the end of the fourth quarter. more

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