Market Overview

TravelCenters of America to Purchase 31 C-Stores/Gas Stations for $67M


Travel Centers of America LLC (NYSE: TA) today announced that it has
agreed to acquire 31 convenience stores with retail gasoline stations
(“C-stores”) for $67 million, before closing costs and customary working
capital adjustments. The seller is a private company which operates
these C-stores under its proprietary brand name “Minit Mart”.

Twenty-eight (28) of the C-stores are located in Kentucky and three (3)
are in Tennessee. Twenty-seven (27) of the locations include the
ownership of land and buildings, while four (4) are leaseholds. The
typical location includes ten (10) fueling positions and approximately
5,000 sq. ft. of interior space offering C-store merchandise as well as
some prepared food services. During 2012, these stores dispensed an

See full press release

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