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BP's pain is Tesoro's (TSO) gain, the company agreeing to purchase the oil giant's Carson, CA...

  • Monday, August 13, 2012, 7:54 AM ET
    BP's pain is Tesoro's (TSO) gain, the company agreeing to purchase the oil giant's Carson, CA refinery and ARCO retail operation for about $2.5B. Tesoro (+3.2% premarket) expects the acquisition to be accretive to earnings in each of the first two years of operations. (PR)
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