Tri Star will sell assets in two markets Gas station and convenience store operator Tri Star Energy LLC can acquire portions of Hollingsworth Oil Co. after the purchaser agreed to divest certain assets, federal antitrust regulators said. Jun 15, 2021. 2023 Tri Star Energy, LLC. 1740 Ed Temple Blvd. Search the Legal Library instead. All rights reserved. Loaded Energizing Teas and Yummy Low Calorie Meal Replacement Shakes! Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Tri Star Energy and Hollingsworth Oil, In the Matter of. Date: 05/01/2002 Location: Data will display when it becomes available. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. There is also another way that you can During the month of October you can help support kids of St. Jude at your local Sudden Service. Before sharing sensitive information, make sure youre on a federal government site. See if you qualify for a free subscription to our industry leading paper magazine. Members help make our journalism possible. Tri Star, a Nashville, Tennessee-based energy . Nashville-based Tri Star Energy owns and operates the Twice Daily, Sudden Service and Southern Traders convenience store brands, and supplies fuel to wholesale trade channels in 17 states. The Commission vote to approve the final order was 3-0-2. Tri Star Energy Opens New Twice Daily and White Bison Coffee. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. Tri Star Energy, LLC. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! Find legal resources and guidance to understand your business responsibilities and comply with the law. "Hollingsworth Oil is a well-established company whose core values align nicely with ours. OF OPERATIONS (form 10-K), Verve Therapeutics Provides Pipeline Progress and Reports Fourth Quarter and Full Year 2022 Financial Results, Cerevel Therapeutics to Present at the 43rd Annual Cowen Health Care Conference, Neptune Wellness Solutions Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits (form 8-K), Beauty Health Co : Unregistered Sale of Equity Securities, Other Events (form 8-K), Vistagen Therapeutics, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), Rover Group, Inc. : Other Events, Financial Statements and Exhibits (form 8-K). tri - star energy llc. All Rights Reserved. The purchase price for the acquisition and terms of the agreement were not disclosed. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Tri Star also supplies fuel to a network of 285 dealer locations. The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. On August 14, 2020, the Commission announced it had approved the final consent order in this matter. You read that correctly-a concert. "There are 53 Sudden Service retail stores we will acquire, and we must divest of two sites,"Dawn Boulanger, vice president of marketing for Tri Star Energy, told CSP Daily News. NASHVILLE, Tenn. Tri Star Energy cut the ribbon on a new Twice Daily convenience store located at 6029 Nolensville Road in Nashville, signaling the kickoff of a three-year plan for the. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. See auction date, current bid, equipment specs, and seller information for each lot. The deal gives. no. On Saturday, October 24 from 3-9 at the City Park in Erin, TN-there will be a live concert with talent from all over! Tri Star Energy Global Presence. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Photo of the Day: April 29, 2021. The latest from CSP, sent straight to your inbox. Expires 2/28/23. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. The .gov means its official. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. We'll get back to you soon. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. Tri Star Energy, LLC, Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, which operate fuel outlets and convenience stores, agreed to settle FTC charges that Tri Stars acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. The three-year plan will see all Sudden Service and Southern Traders c-stores converted to the Twice Daily banner. OF OPERATIONS (form 10-K), Proassurance Corp : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K), COMSCORE, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS With unparalleled energy he instituted a campaign of education, enlist ing the interest and support of congressmen in every state in the Union, at a time when there was a growing tendency to curtail river and harbor appropriations. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Sign up to receive texts from CSP on news and insights that matter to your brand. Website Help Read More. Website Help 703-684-3600 (Main Phone) Do not sell my personal infoPrivacy PolicyContact UsRSS, Tri Star Energy to Acquire Hollingsworth Oil Retail Fuel Assets, FTC requiring divestitures in two markets to avoid antitrust violation, Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. The complaint alleged that, without the remedy, the acquisition would substantially lessen competition for the retail sale of gasoline and diesel in Whites Creek and in Greenbrier. Explore Tri Star Energy opportunities and benefits to take the next step on your career path. The coolest thing-Jason Aldean will be live via livestream at 7pm. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. Nashville, TN 37208. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. The latest information on products and trends in the convenience-store and foodservice industries. An official website of the United States government. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy's proposed acquisition of certain assets from Hollingsworth Oil Company, C & H Properties, and Hollingsworth would violate federal antitrust law. 5925 Tri-County Pkwy. Copyright 2023 WTWH Media LLC. While supplies last. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. It provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. House Energy and Commerce: Related Items: Data will display when it becomes available. See how we can support you through our robust, customizable fuel programs and station services. | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy Get news highlights delivered directly to your e-mail inbox. On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. Tri Star, a Nashville, Tennessee-based energy . Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Find legal resources and guidance to understand your business responsibilities and comply with the law. Limit one per transaction. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. For more information, see media coverage here. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. When you purchase 15pack Pepsi products-a donation will be made, when you purchase two 20oz Pepsi products-a do Erin and Cumberland City Sudden Service are having a concert! Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. We will give away $500 every Monday, Wednesday and Hello Christmas Cash! The .gov means its official. The twenty-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. On-demand labeling delivers more than convenience, How C-Stores Can Fight Inflation and Earn More with Higher Interest Rates, Upscaling security for self-service shopping. filofax printables free; wildcat skin code free; motorbike accident yesterday brisbane; Related articles; big thick dick Our Mailing Address: In the Matter of Tri Star Energy, LLC, a limited liability company; Hollingsworth Oil Company, Inc., a corporation; C & H Properties, a general partnership; and Mr. Ronald L. Hollingsworth, a natural person. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. Stop by ANY Sudden Service and register for your chance at Christmas Cash. The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. Sign up here. Tri-Star-Energy-Logo. The site is secure. Tri Star and Hollingsworth would be required to maintain the competitiveness of the divestiture assets during the divestiture process. Nashville.-based Tri Star Energy, which owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast, has acquired Springfield,. In July 2020, Tri Star Energy acquired Tennessee-based Hollingsworth Oil and its convenience retail brand, Sudden Service. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Read More. Tri Star Energy also owns premium coffee brand White Bison Coffee, with locations throughout middle Tennessee and north Alabama. The Proposed Acquisition On March 6, 2020, Tri Star entered into an agreement to acquire certain retail fuel outlets and other interests, from Hollingsworth and related entities (the "Acquisition"). A range of grab-and-go snacks, including organic brands, to a selection of staple groceries; A fresh deli case that provides handmade and healthy options featuring fruits, sandwiches, salads and snacks; Freshly prepared breakfast and lunch sandwiches; and. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Hollingsworth Oil is a well-established company whose core values align nicely with ours. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. When you step in to one of our convenience stores, you feel the difference. 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