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Marathon's Speedway Will Acquire Hess
Thursday, May 22, 2014 - 8:22am | 345Marathon (NYSE: MPC) announced Thursday that its subsidiary, Speedway, will acquire Hess (NYSE: HES) for a total consideration of $2.874 billion. The acquisition, which is expected to close late in the third quarter of 2014, will be funded through a combination of cash and debt. Marathon...