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Tesoro announces closing date for acquisition of Western Refining

Published by
Hydrocarbon Engineering,

Tesoro Corp. has announced that the waiting period applicable to its proposed acquisition of Western Refining pursuant to the Hart Scott Rodino (HSR) Act has terminated.

This satisfies one of the final conditions to the closing of the pending acquisition. As such, Tesoro expects the closing of the acquisition to occur on 1 June 2017, subject to the satisfaction or waiver of the remaining customary conditions to closing.

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