BRIEF-TA Board Reaffirms ARKO Proposal Not Superior To Pending BP Transaction

Reuters

2023/04/24

April 24 (Reuters) - Travelcenters of America Inc

* FOLLOWING ENGAGEMENT WITH ARKO, TA BOARD REAFFIRMED ARKO PROPOSAL IS NOT SUPERIOR TO PENDING BP TRANSACTION

* TRAVELCENTERS OF AMERICA INC - BOARD REAFFIRMED THAT ARKO'S PROPOSAL IS NEITHER SUPERIOR NOR COULD IT BE EXPECTED TO LEAD TO SUPERIOR PROPOSAL

* TRAVELCENTERS OF AMERICA INC - BOARD RECONFIRMS ITS RECOMMENDATION THAT SHAREHOLDERS VOTE FOR TA'S PENDING MERGER WITH BP

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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