7-Eleven, Inc. Completes Acquisition of 3,800 Speedway Stores
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
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Marathon Petroleum (MPC) announces modified Dutch auction tender offer to purchase up to $4 billion of its outstanding common stock
May 17, 2021 6:51 AM EDTMarathon Petroleum Corp. (NYSE: MPC) today announced that it commenced a "modified Dutch auction" tender offer to purchase up to $4.0 billion of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly withdrawn, at a price not greater than $63.00 and not less than $56.00 per share of common stock, to the tendering shareholder in cash, less any applicable withholding taxes and without interest (the "Offer"). The Offer is made upon the terms and subject to the conditions described in the offer... More

