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TA / What BP likes in TA: Good price per outlet, environmental benefits

What BP likes in TA: Good price per outlet, environmental benefits
A day after the jolting news that BP America is buying TravelCenters of America, the energy transition benefits to the international oil giant become clearer.  And it looks like it was a good deal, too, at least according to Joseph Petrowski, a fuels market legend who has been CEO of various fuel distributors and is now affiliated with Brookwood Partners, active in the convenience store and fuels sector. Read More
Posted: Feb 17 2023, 18:19
Author Name: FreightWaves
Views: 102457

TA News  

TA shareholders overwhelmingly approve sale of company to BP

By FreightWaves
May 10, 2023

TA shareholders overwhelmingly approve sale of company to BP

Only the formal closing remains in BP's acquisition of TravelCenters of America, with shareholders overwhelmingly approving the purchase in voting res more_horizontal

Large TA shareholder wants board to give Arko same data access as BP

By FreightWaves
April 21, 2023

Large TA shareholder wants board to give Arko same data access as BP

A significant shareholder in TravelCenters of America is asking the truckstop chain to speak with convenience store chain Arko about the latter's bid more_horizontal

TravelCenters of America LLC (TA) is Attracting Investor Attention: Here is What You Should Know

By Zacks Investment Research
April 6, 2023

TravelCenters of America LLC (TA) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to TravelCenters (TA). This makes it worthwhile to examine what the stock has in store. more_horizontal

TA again rejects Arko bid, plans to proceed with acquisition by BP

By FreightWaves
April 3, 2023

TA again rejects Arko bid, plans to proceed with acquisition by BP

TravelCenters of America has shut the door on any further talks with Arko Corp. about its acquisition bid for the truck stop operator and will proceed more_horizontal

TA directors advise rejection of higher bid, sticking with BP as buyer

By FreightWaves
March 23, 2023

TA directors advise rejection of higher bid, sticking with BP as buyer

An unsolicited offer from an unidentified prospective buyer of Travel Centers of America is getting a thumbs-down from TA's directors, advising shareh more_horizontal

TravelCenters of America LLC (TA) Is a Trending Stock: Facts to Know Before Betting on It

By Zacks Investment Research
March 23, 2023

TravelCenters of America LLC (TA) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching TravelCenters (TA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prosp more_horizontal

TravelCenters of America LLC (TA) is Attracting Investor Attention: Here is What You Should Know

By Zacks Investment Research
March 9, 2023

TravelCenters of America LLC (TA) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to TravelCenters (TA). This makes it worthwhile to examine what the stock has in store. more_horizontal

TravelCenters of America: BP Merger Arb Is Too Small, Bonds Are A Better Deal

By Seeking Alpha
February 18, 2023

TravelCenters of America: BP Merger Arb Is Too Small, Bonds Are A Better Deal

BP is acquiring TravelCenters of America for $86 cash. The deal is expected to close by mid-year 2023. The narrow discount of only 2% to the closing p more_horizontal


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