Date: 05/01/2002 Location: Data will display when it becomes available. 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 tri - star energy llc. Tri Star Energy and Hollingsworth Oil Company have agreed to divest retail fuel assets to settle charges that Tri Star's proposed acquisition of certain assets from Hollingsworth would violate federal antitrust law. 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.". All Rights Reserved. Photo of the Day: April 29, 2021. The FTC determined that the deal would violate federal antitrust law, and Tri Star Energy, Hollingsworth Oil, C & H Properties and Ronald L. Hollingsworth have agreed to divest the assets, according to agency documents. Only available in the Twice Daily Rewards app! tri star energy inc. tri - star 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. All Rights Reserved. , which includes locations throughout Middle Tennessee and Northern Alabama. The deal included 13 c-stores. Page 1 of 1. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy, LLC's proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, "Hollingsworth") would violate federal antitrust law.. Tri Star, a Nashville, Tennessee-based energy company . Tri Star, based in Nashville, owns and operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Learn more about the suite of brands powered by Tri Star Energy. We ask that all remittance be paid by September 15, 2022. Get todays need-to-know convenience industry intelligence. Sleep and WakeSupports iPad 2nd Gen Pencil charging, built-in provides automatic sleep/wake function to save energy when the lid is closed, and precise cutouts for cameras, speakers, ports and buttons without removing the case Full access to all ports and functions. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. The purchase price for the acquisition and terms of the agreement were not disclosed. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. The latest information on products and trends in the convenience-store and foodservice industries. The FTCs complaint said that the proposed acquisition would harm competition for both retail gasoline and retail diesel in the two local markets of Whites Creek, Tenn., and Greenbrier, Tenn. Providing the highest-quality service and offerings has always been top of mind for us and will continue to stay a constant throughout this transition.". Peek inside new convenience stores to uncover the best in retail store design across North America. Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the Looking for legal documents or records? Get the latest business insights from Dun & Bradstreet. The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. tri star energy. An official website of the United States government. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. 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. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. 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. 2020 is no different - starting in October you will be asked if you would like to donate to St. Jude. See All Brands. Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Tri Star Energy, LLCs proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, Hollingsworth) would violate federal antitrust law. They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. Learn more about your rights as a consumer and how to spot and avoid scams. 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. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. 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. Tri Star Energy is one of the Mid-Souths premier convenience retailers. Tri Star Energy, Hollingsworth Oil Company, C & H Properties, Mr. Ronald L. Hollingsworth, In the Matter of Tags: Gasoline . Tri Star Energy Volunteer State Community College Experience Administrative Assistant Tri Star Energy Jun 2017 - Present5 years 8 months Nashville, Tennessee, United States Account. Website Help Sign Up sub & a free drink Try the Club Sub Buy a club sub and get a 20oz fountain drink on us. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. We work to advance government policies that protect consumers and promote competition. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. The industrys largest distributors by sales volume, Corporate retail news affecting the convenience-store industry. Tri Star Energy Opens New Twice Daily and White Bison Coffee. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Tri Star Energy, LLC and Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth have agreed to divest, retail fuel assets to settle charges that Tri Star's proposed acquisition of certain assets from Hollingsworth would violate federal antitrust law.Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states . Sep 15, 2021. Keep up with the latest Tri Star Energy happenings. Tri Star Energy Global Presence. 1600 Duke Street While the converted stores will be rebranded under the Twice Daily name, returning guests can expect the same teams and trusted guest service the brands are known for, according to Hostetter. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. 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.. The .gov means its official. Learn more about the suite of brands powered by Tri Star Energy. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. August 20, 2020. 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. The coolest thing-Jason Aldean will be live via livestream at 7pm. Nashville, TN 37208. Website: https://energycommerce.house.gov/ Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Limit one per transaction. Competition and Consumer Protection Guidance Documents, Tri Star Energy and Hollingsworth Oil, In the Matter of, 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 Approves Final Order Imposing Conditions on Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Federal Register Notice Containing Analysis to Aid Public Comment, Analysis of Agreement Containing Consent Orders to Aid Public Comment, 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 LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. #CSPDailyNews Jump to Sections of this page 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 Star's acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Posted on Nov 17, 2020 Tri Star also supplies fuel to a network of 285 dealer locations. Fuels Market News, published by NACS, is the downstream petroleum industrys trusted source for fuels-related news and information, covering the fuels of today and tomorrow. Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. Find legal resources and guidance to understand your business responsibilities and comply with the law. Before sharing sensitive information, make sure youre on a federal government site. How do you enter? Moving your business ahead. Strategic deals in 2022 included: Southwestern Energy Company's acquisition of Indigo Natural Resources LLC in a cash and stock transaction (upstream); the merger of Cimarex Energy Co and Cabot Oil & Gas Corp in an all-stock transaction (upstream); Crestwood Equity Partners LP's acquisition of Oasis Midstream Partners LP in an all-stock The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Were wholesale fuel distributors who understand your needs. 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. An extensive beer cave featuring local and craft beers. Tri Star Energy acquired the "Sudden Service" chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. For more information about Tri Star Energy, visitwww.TriStarTN.com. Tri Star, a Nashville, Tennessee-based energy . So stop in any Sudden Service and grab you a couple or more for this wonderful cause! In addition to traditional convenience items, Twice Daily's offerings include: Guests can also enjoy discounted items and limited-time offers exclusively available through the brand's loyalty program, Twice Daily Rewards. The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. * *Limit one per transaction. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us. Cox Oil operates 40 Little General c-stores in Tennessee. Federal government websites often end in .gov or .mil. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. All Rights Reserved. Fuels Market News. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". Tri Star Energy is currently seeking an experienced, dedicated, and detailed Project Manager to join our Information Technology team at our Store Support Center in Nashville, TN. 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 retailer to convert all Sudden Service and Southern Traders c-stores to the Twice Daily banner throughout Tennessee and Alabama. Under the proposed consent agreement, Tri Star would be required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after Tri Star completes the acquisition. Tristar - Energy Logistics Solutions provider based in UAE ABOUT TRISTAR Tristar is a fully integrated Energy Logistics business serving the downstream oil and gas industry. Find legal resources and guidance to understand your business responsibilities and comply with the law. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. Federal government websites often end in .gov or .mil. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. U.S. FDA approves Reata's rare genetic disorder drug, Lowe's Companies Down Over 6%, On Track for Largest Percent Decrease Since November 2020 -- Data Talk, Compaa de Minas Buenaventura S.A.A. If you have been a customer of Sudden Service over the past 10 years-then you know that in October we raise money for St. Jude Children's Research hospital. Scott Garfinkel, with Raymond James, represented the seller. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. 1. Christmas is just around the corner! 117-44] hearing on national defense authorization act for fiscal year 2022 and oversight of previously authorized programs before the committee on armed services house of representatives one hundred seventeenth congress first session 117th congress (2021-2022) Until recently I was managing a large team at . We're wholesale fuel distributors who understand your needs. "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. Attn: Lisa Davis. Sign up here. 703-684-3600 (Main Phone) On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. An official website of the United States government. 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, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Jun 15, 2021. Expires 2/28/23. Proposes Dividend for the Year 2022, Trisura Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022, TSX edges up at start of March as resource shares rally, Correction to Royal Bank of Canada Earnings Article, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Agreement Containing Consent Orders (62.56 KB), Analysis of Agreement Containing Consent Orders to Aid Public Comment (47.2 KB), FTC Requires Divestitures as Condition of Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Ritchie Bros Auctioneers Inc : Other Events, Financial Statements and Exhibits (form 8-K), MICROVISION, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Read More. When you step in to one of our convenience stores, you feel the difference. Are You Providing Your Store Managers the Support They Need? Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. 5925 Tri-County Pkwy. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. Whether a current or prospective client, we are here to help your business thrive. Website Builders; chaterbate search. See auction date, current bid, equipment specs, and seller information for each lot. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Lemon-lime in a whole new way with Starry. The Commission vote to approve the final order was 3-0-2. Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. TriStar Energy - A Hollingsworth Oil Company TriStar Energy Get Quote Call now Get directions Updates Testimonials About us Gallery Contact Sudden Service Convenience Stores A Hollingsworth Oil Company Opening at 7:00 AM on Monday Get Quote Updates Posted on Nov 24, 2020 Happy Thanksgiving from Sudden Service! Explore Tri Star Energy opportunities and benefits to take the next step on your career path. Welcome to a deep dive into the c-store landscape. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. The purchase price and terms of the acquisition were not disclosed. 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. Members help make our journalism possible. Christmas is just around the corner! Nashville, Tenn.-basedTri Star Energyone of the Mid-Souths premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Entry into each relevant market would not be timely, likely or sufficient to deter or counteract the anticompetitive effects arising from the acquisition, the FTC said. 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. 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. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. Tri Star Energy acquires Hollingsworth Oil Assisted Tri Star Energy with the acquisition of Hollingsworth Oil and its "Sudden Service" chain of convenience stores.

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