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Valero’s (VLO +6.4%) move to separate its retail operations follows a general trend of...

Valero’s (VLO +6.4%) move to separate its retail operations follows a general trend of energy companies splitting up, but its 1,000-site operation may prove attractive for someone like Marathon Petroleum (MPC +0.6%). Though MPC is splitting off its pipeline business in keeping with the trend, it recently bought 10 retail stations and hinted it was “always looking for opportunity to grow.”
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