BP Products North America to acquire TravelCenters of America for $1.3bn
BP Products North America, a 100% indirect subsidiary of BP, has agreed to acquire TravelCenters of America (TA), a NASDAQ-listed full-service travel center operator, in an all-cash deal worth $1.3 billion. Shareholders of TravelCenters of America will be paid $86 per share by BP, which is a premium of 84% to the average trading price […]