NEW YORK -- 7-Eleven will divest 293 retail fuel outlets in the U.S. to settle antitrust charges around its acquisition of Speedway from Marathon Petroleum, the Federal Trade Commission said Friday, suggesting a regulatory hurdle has been cleared for the $21 billion deal.
The stores 7-Eleven is ordered to sell are located across 20 states in markets that an FTC analysis deemed vulnerable to monopolistic behavior if the Speedway merger went through as is.
