From USA Today:
Your favorite Sunoco gas station likely will soon have a new operator: 7-Eleven.The parent company of the U.S. snack and convenience store chain announced a Thursday agreement to buy more than 1,100 convenience locations from Sunoco (SUN) in a $3.3 billion deal that will escalate the company's U.S. expansion plans.One of the largest acquisitions ever by Seven & I, the planned transaction includes most of the stores Sunoco currently operates in tandem with gas stations in 18 states, mostly in the Eastern U.S. and Texas, according to an announcement by the Japan-based company.
