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7-Eleven Buys 3,900 Speedway Stores

7-Eleven is inking a $21 billion deal with Marathon Petroleum Corp. to acquire 3,900 Speedway locations in 25 states, resulting in a network of 14,000 stores. The acquisition is the largest in company history. “Following the transaction, 7-Eleven will have a presence in 47 of the top 50 most populated metro areas in the U.S., positioning the company as a clear industry leader in a fragmented industry with favorable macroeconomic trends,” according to Supermarket News.

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