Findlay's Marathon buys East Coast gas station powerhouse - 13abc.com Toledo (OH) News, Weather and Sports

Findlay's Marathon buys East Coast gas station powerhouse

Posted: Updated:
Findlay's Marathon Petroleum is putting down billions to build up its presence on the East Coast.

We're following this story with the Associated Press.

The northwest Ohio company is buying Hess' retail operations. Hess is the largest chain of company operated gas stations and convenience stores on the East Coast. The deal is for $2.87 billion. All Hess stations will become Speedway locations.

The Associated Press says the deal, which is being orchestrated under subsidiary Speedway LLC, will expand Marathon's retail operations from nine states to 23 states on along the coast and in the southeast. The acquisition is expected to close late in the third quarter.
  • LocalMore>>

  • Pedestrian killed in early morning crash.

    Pedestrian killed in early morning crash.

    Monday, July 28 2014 8:51 AM EDT2014-07-28 12:51:17 GMT
    Nazia H. Awadawas struck and killed this morning near the Franklin Avenue and Delaware Avenue intersection in Toledo. Police say, around 5:00 this morning, Awada stepped out onto Franklin Avenue and into the path of an oncoming vehicle. Awada was transported to St. Vincent's ER where she was pronounced dead. Investigators say it doesn't appear that alcohol or speed were factors. The investigation is still on-going.
    Nazia H. Awadawas struck and killed this morning near the Franklin Avenue and Delaware Avenue intersection in Toledo. Police say, around 5:00 this morning, Awada stepped out onto Franklin Avenue and into the path of an oncoming vehicle. Awada was transported to St. Vincent's ER where she was pronounced dead. Investigators say it doesn't appear that alcohol or speed were factors. The investigation is still on-going.
  • Christian music fest rocks West Toledo

    Christian music fest rocks West Toledo

    Sunday, July 27 2014 11:20 PM EDT2014-07-28 03:20:10 GMT
    Christian music filled the air in West Toledo Sunday at the annual Exclaim music festival at the Monsignor Schmit CYO Athletic Complex.
    Christian music filled the air in West Toledo Sunday at the annual Exclaim music festival at the Monsignor Schmit CYO Athletic Complex.
  • City has new weapons in the war on sinkholes

    City has new weapons in the war on sinkholes

    Sunday, July 27 2014 11:08 PM EDT2014-07-28 03:08:13 GMT
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.
  • Top StoriesMore>>

  • Trial opening over video of Oklahoma City bombing

    Trial opening over video of Oklahoma City bombing

    Monday, July 28 2014 11:58 AM EDT2014-07-28 15:58:22 GMT
    OKLAHOMA CITY (AP) - A Salt Lake City attorney is arguing in a lawsuit that the FBI has video of the Oklahoma City bombing that shows a second person was involved.
    OKLAHOMA CITY (AP) - A Salt Lake City attorney is arguing in a lawsuit that the FBI has video of the Oklahoma City bombing that shows a second person was involved.
  • Dollar Tree buying Family Dollar for $8.5 billion

    Dollar Tree buying Family Dollar for $8.5 billion

    Monday, July 28 2014 7:14 AM EDT2014-07-28 11:14:50 GMT
    NEW YORK (AP) - Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
    NEW YORK (AP) - Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
  • City has new weapons in the war on sinkholes

    City has new weapons in the war on sinkholes

    Sunday, July 27 2014 11:08 PM EDT2014-07-28 03:08:13 GMT
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.
    Toledo has some new weapons in the war against sinkholes and that new technology could save a lot of time and money.

Area Events Calendar

See It, Shoot It, Send It!