Speedway To Acquire 10 Road Ranger Sites

The sale of 10 Road Ranger locations in Ohio and northern Kentucky is expected to close by the end of July.

Speedway LLC has signed an agreement to acquire 10 convenience stores throughout Ohio and northern Kentucky from Road Ranger LLC, Reuters reported.

Speedway paid for the transaction with cash and a truck stop located in Chicago.

The transaction is expected to close by the end of July 2012, subject to customary due diligence and other closing considerations.

Road Ranger LLC a privately-held company headquartered in Rockford, Ill. with approximately 80 locations in seven Midwestern states.

Speedway LLC, headquartered in Enon, Ohio has approximately 1,460 locations in seven states in the Midwest.

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