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UPDATE: Tesoro Wraps Up $2.03B Gas/Convenience Store Acquisition

Oil Refining Company Buys 408 retail locations from Shell and USA Petroleum
By Sasha M Pardy
May 11, 2007 | 5:55 P.M.

Following its May 1st acquisition of USA Petroleum for $273 million, San Antonio, TX-based Tesoro Corp. (NYSE:TSO), an oil refining Fortune 150 Company, today completed a $1.76 billion acquisition of Houston, TX-based Shell Oil's Los Angeles refinery and 278 retail gas/convenience stores.

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