Marathon Selling Minnesota Downstream Assets

Marathon Oil Corp., an integrated energy company, has announced that its wholly owned subsidiary Marathon Petroleum Co. LP has closed the transaction with ACON Investments LLC and TPG Capital for the sale of most of Marathon’s Minnesota downstream assets. ACON and TPG formed Northern Tier Energy LLC (Northern Tier Energy) to operate the assets as

Cumberland Farms Selling 61 Stores

Cumberland Farms Inc. is selling 61 convenience store properties through a structured sale process to be managed by Matrix Capital Markets Group Inc. Cumberland owns the real estate at all of the sites and leases them to third party tenants under triple net lease agreements. These tenants operate independent convenience stores and other retail businesses

Joe DePinto Stars On The CBS Show

On Sunday, Feb. 21, 7-Eleven’s President and CEO Joe DePinto appeared on the CBS show Undercover Boss, going incognito at his company, disguised as new recruit “Danny.” DePinto got a taste of life at the store level, making coffee, cleaning restrooms, riding in a delivery truck, working the graveyard shift and learning the ropes at

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