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Marathon Petroleum (MPC +1.7%) will buy 10 retail gasoline stations from Road Ranger for an...

Marathon Petroleum (MPC +1.7%) will buy 10 retail gasoline stations from Road Ranger for an undisclosed price, but after this nibble, there’s still the possibility of a main course: Sunoco’s (SUN) 4,900 gas stations. Energy Transfer (ETP), expected to close its $5.3B deal for SUN within a few months, is widely expected to sell the stations and is taking calls from interested buyers.
Comments (1)
  • cptnron4
    , contributor
    Comments (10) | Send Message
     
    ETP will soar when it gets the Sunco deal finished; that includes selling off the assets that don't fit with their business model...Keep the faith in this stock and hang on to it.
    5 Jun 2012, 12:28 PM Reply Like
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