7-Eleven Buys Speedway


Attention Slurpee fans, 7-Eleven has just bought Speedway gas stations. The deal is worth $21 billion and with the purchase, 7-Eleven will pick up 3,900 locations to add to their portfolio. 

There are already 9,800 stores in the U.S. and 21,000 locations in Japan. This deal is one of the biggest cash deals since the beginning of the pandemic. 

Late last year the local franchisee in New Mexico decided to rebrand ALL 7-Eleven locations in the Metro area to DK.

SOURCE: CNN