Articles that mention Speedway -BoardProspects

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1. Mentioned In 8 Articles
2. Cash Piles, Hostile Bids Set Stage for a Wild Japan M&A Year
  
  Explore msn.com Jan 12 2021 BoardNews
  
  ... 2020 was Seven & i Holdings Co.’s $21 billion acquisition of Marathon Petroleum Corp.’s gas-station business Speedway, with the deal primarily handled by its U.S. subsidiary. “We have a lot of cash compared to the past,...
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  Mentions: Management KKR Goldman Sachs
3. Marathon Petroleum Sells Speedway to 7-Eleven Owner for $21 Billion
  
  Explore Stock Market Quotes and News Aug 2 2020 BoardNews
  
  ... of 2021, includes a 15-year fuel supply agreement for about 7.7 billion gallons per year associated with the Speedway business, said Marathon, the largest U.S. refiner by volume. The Japanese company abandoned the deal ...
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  Mentions: Management Amazon Speedway
4. Marathon Petroleum Bows to Activist Push With Spinoff, CEO Exit
  
  Explore sfgate.com Oct 31 2019 BoardNews
  
  ...inal approval by the board and other customary conditions. Marathon said it will initiate a nationwide search for a Speedway CEO from both internal and external sources. Bloomberg's Catherine Ngai contributed. ...
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  Mentions: Management Speedway Bloomberg
5. 'Overwhelming Support' for Marathon Petroleum CEO to Resign: Activist Investors
  
  Explore Convenience Store News & Petroleum Oct 24 2019 BoardNews
  
  ...orward for Marathon.” Marathon Petroleum Corp. is the parent company of the Speedway convenience-store chain. Speedway LLC, based in Enon, Ohio, owns and operates more than 4,000 U.S. convenience stores. Speedway ranked ...
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  Mentions: Speedway acquisition resign
6. NASCAR's Acquisition Came After Chairman of Insurance Giant Successfully Persuaded France Family
  
  Explore The Daytona Beach News Oct 19 2019 BoardNews
  
  ...entlessly pushed the France family to increase their stock buyout offer... One might assume the International Speedway Corp. board's special committee that recommended selling the company to NASCAR were push-overs in neg...
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  Mentions: Mergers and Acquisitions Speedway acquisition
7. This CEO Makes 900 Times More than Company's Typical Employee
  
  Explore msn.com Mar 13 2018 BoardNews
  
  ...s appears to be about $21,000 per year, or more than 900 times less the company’s CEO. But if you exclude the Speedway workers, median pay at Marathon goes up to nearly $126,000 per year, according to the Journal, for a ...
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  Mentions: Dodd-Frank Speedway Marathon Petroleum
8. Ranking the Activists for Proxy Season 2017
  
  Explore Stock Market Today Dec 11 2017 BoardBlogs
  
  ...liott that defeated a lower bid by Warren Buffett's Berkshire Hathaway. Marathon Petroleum never spun off its Speedway unit as Singer had wanted. Even so, it shifted assets to its MLP, a win for the fund. Some battles ar...
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  Mentions: Management Etsy Arconic
9. Marathon Petroleum Gains Elliott's Support to Keep Speedway
  
  Explore Business News Sep 5 2017 BoardNews
  
  ...s the company’s effort. “While we see value in a spin of Speedway, today’s decision to maintain an integrated Speedway came after a full, rigorous and independent review,” Pike said in the statement. Pike added that Elli...
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  Mentions: Management Hedge Fund Speedway
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