Clark County based Speedway has reached an agreement to purchase Hess Retail Holdings for $2.8 billion dollars. The deal makes Speedway one of the largest convenience store chains in the country.
Hess operates out of New York City and is the largest operator of convenience stores along the East Coast. Speedway's corporate headquarters are in Enon, and the company is a subsidiary of the Marathon Petroleum Company.
Angelia Graves, director of public and state government affairs for Marathon, says the deal is a win-win for both companies.