News Briefs

December 2005
Convenience Store News;12/19/2005, Vol. 41 Issue 15, p16
Trade Publication
The article offers news briefs related to the convenience stores. Pantry Inc. plans to issue $130 million of new debt through seven-year. The retailer intends to use the majority of the offering's proceeds to pay down existing senior debt and for general corporate purposes, including acquisitions. Delek Group Ltd., announced its subsidiary, Delek US Holdings Inc., bought the rights to 25 gas stations and convenience stores in Nashville, Tennessee, from the British energy giant BP for $33.5 million, not including inventory. Chambers & Owen Inc. in Janesville, Wisconsin ranked in the 12th place according to sales.


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