FOX BIZ NEWS: Marathon bids big for Andeavor and a far-reaching fuel realm

Marathon bids big for Andeavor and a far-reaching fuel realm



With drivers beginning to take note of rising prices at the pump, Marathon Petroleum is buying the refiner and pipeline owner Andeavor for more than $23 billion, creating a refiner with an extensive reach across the U.S. Marathon, based in Findlay, Ohio, has operations concentrated in the East while Andeavor, formerly known as Tesoro, has operations in the West.