Alimentation Couche-Tard Inc.
Volume 165 · 165 F.T.C. 1500
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Alimentation Couche-Tard Inc., 165 F.T.C. 1500 (2018). Consumer Law Library, https://consumerlawlibrary.org/decisions/v165-0049
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IN THE MATTER OF ALIMENTATION COUCHE-TARD INC.
AND CROSSAMERICA PARTNERS LP Docket No. C-4631. Order, June 18, 2018 Letter approving the divesture of certain retail fuel assets to Marketplace Development LLC and to divest a third retail station and related retail fuel assets to PPBB LLC.
LETTER ORDER APPROVING DIVESTITURE OF CERTAIN ASSETS David Gelfand, Esq.
Cleary Gottlieb Steen & Hamilton LLP Re: In the Matter of Alimentation Couche-Tard Inc. and CrossAmerica Partners LP Docket No. C-4631 Dear Mr. Gelfand:
This is in further reference to the Petition for the approval of the proposed divestiture of certain assets filed by Alimentation Couche-Tard Inc. and CrossAmerica Partners LP (collectively “ACT”) and received on March 12, 2018 (“Petition”). In that Petition, pursuant to the Decision and Order in Docket No. C- 4631, ACT requested prior Commission approval of its proposal to divest two retail fuel stations and related retail fuel assets to Marketplace Development LLC (“Marketplace”), and to divest a third retail station and related retail fuel assets to PPBB LLC (“PPBB”).
On June 5, 2018, the Commission approved the proposed divestiture to Marketplace, as set forth in the Petition. After consideration of ACT’s Petition and other available information, the Commission has now determined to approve the proposed divestiture to PPBB, as set forth in the Petition. In according its approval, the Commission has relied upon the information submitted and the representations made by ACT and PPBB in connection with the Petition, and has assumed them to be accurate and complete.
ALIMENTATION COUCHE-TARD INC. 1501 Interlocutory Orders, Etc.
By direction of the Commission.
VOLUME 165 Interlocutory Orders, Etc.