TravelCenters of America Stock Surges. It’s Being Bought by BP for $1.3 Billion.

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https://www.barrons.com/articles/bp-travelcenters-of-america-stock-acquisition-b6fbb660


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Oil giant  BP announced Thursday it was acquiring TravelCenters of America which owns a network of 280 service stations and convenience stores around the country.

The move shows some of the potential, and the limitations, of the company’s energy transition strategy.


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