7-Eleven Closes Deal For 3,800 Speedway C-Stores, But FTC Says Wait A Minute: It May Be Illegal, Then…

Seven & i, the Tokyo-based parent of 7-11 Inc., based in Irving, Texas, thought it had the OK from the Federal Trade Commission to close on its acquisition of 3,800 Speedway c-stores from Marathon Petroleum, Findley, Ohio. The deal was first announced August 2020.Turns out there was disagreement within the Commission and its staff. It’s…