BP buys TravelCenters for $86 a share

What this episode covers

John KIngston - Editor-at-Large - FreightWaves This seemed to pop up out of nowhere but the sale of Travel Centers was something that was pushed for quite a while - how did this deal go down? What will be the main effect in the truck stop industry of this acquisition now with Travel Center, Love’s and Pilot Flying J with a large market share of the industry? How does this effect BP’s oil and gas position now that they have a distribution outlet directly to the trucking community? As far as the deal is concerned - is $86 a share a fair price for Travel Centers? Learn more about your ad choices. Visit megaphone.fm/adchoices

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How long is this episode of FreightWaves NOW?

This episode is 9 minutes long.

When was this FreightWaves NOW episode published?

This episode was published on February 17, 2023.

What is this episode about?

John KIngston - Editor-at-Large - FreightWaves This seemed to pop up out of nowhere but the sale of Travel Centers was something that was pushed for quite a while - how did this deal go down? What will be the main effect in the truck stop...

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