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FTC Pressures Global Partners, Gulf Oil Into Reducing Deal

By Bryan Koenig (April 9, 2024, 7:29 PM EDT) -- The Federal Trade Commission took credit Tuesday for raising antitrust concerns spurring the late-February reduction of Global Partners LP's purchase of Northeast U.S. gas terminals from Gulf Oil, cut from five terminals with a $273 million price tag to four terminals and a $212.3 million payment....

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