$3.3 billion deal to bring 7-Eleven back to Houston

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Irving, Texas-based convenience store giant 7-Eleven Inc. is buying more than 1,100 stores from Sunoco LP (NYSE: SUN) in a $3.3 billion deal that will bring 7-Eleven back to Houston. The deal, which should close in the second half of the year, includes 1,108 stores under brand names Stripes and APlus in 18 states. “This acquisition supports our growth strategy in key geographic areas including Florida, mid-Atlantic states, Northeast states, and Central Texas,” said Joe DePinto, president and CEO…


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