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Tesoro's (TSO) deal for BP's California refinery still must get past the California AG office,...

Tesoro's (TSO) deal for BP's California refinery still must get past the California AG office, which says it expects to take six months to "seriously look at the merger in the interest of preserving competition in the marketplace." Analysts estimate TSO would hold ~28% share of the refinery market in the state after the purchase - "high but not excessive," as Credit Suisse sees it.
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