Saturday, March 3, 2012

GETTY CHAIN SOLD TO RUSSIANS.(BUSINESS)

Byline: -- Associated Press

NEW YORK -- Russia's largest oil company Lukoil agreed Friday to purchase retail gasoline chain Getty Petroleum Marketing for $71 million in cash in what appears to be the first purchase by a Russian company of a publicly traded U.S. firm. Lukoil officials said the purchase of Getty, which operates about 1,300 gas stations mostly in Northeast and Mid-Atlantic states, is the …

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