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7-Eleven acquires 74 West Virginia-area locations from its licensee


Dallas -- 7-Eleven announced today that it has closed a deal to acquire 74 operating convenience stores and two land parcels from Prima Marketing LLC, a 7-Eleven licensee with stores in West Virginia, Ohio, Pennsylvania and Kentucky. The bulk of the stores being purchased are in West Virginia.

Terms of the deal were not disclosed.

"This acquisition fits well with our accelerated growth strategy and gives us an opportunity to expand in the West Virginia market, building on our already strong mid-Atlantic presence," said Stan Reynolds, 7-Eleven, executive VP and CFO.

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