BRIEF-Arko Corp. Issued A Letter To Travelcenters Of America's Board

Reuters
30 Mar 2023

March 29 (Reuters) - Arko Corp. :

* ARKO CORP. - ISSUED A LETTER TO TRAVELCENTERS OF AMERICA'S BOARD

* ARKO CORP. - LETTER SETTING FORTH ADDITIONAL DETAILS OF ARKO'S FINANCING IN CONNECTION WITH ITS PROPOSAL TO ACQUIRE TRAVELCENTERS

* ARKO CORP. - IN THE LETTER ASKED AGAIN FOR TRAVELCENTERS' ENGAGEMENT WITH ARKO IN SALE PROCESS

* ARKO CORP. - LETTER DISCLOSES A SECOND AMENDMENT TO ARKO'S STANDBY REAL ESTATE PURCHASE, DESIGNATION AND LEASE PROGRAM AGREEMENT WITH OAK STREET

* ARKO CORP. - IN SECOND AMENDMENT OAK STREET AGREED TO PROVIDE FOR ADDITIONAL $1.25 BILLION OF CAPACITY TO FINANCE ARKO'S ACQUISITION OF TRAVELCENTERS

* ARKO CORP. - BELIEVES "IT IS RISKLESS" TO TRAVELCENTERS' STOCKHOLDERS FOR TRAVELCENTERS' BOARD TO ENGAGE WITH ARKO

* ARKO CORP. - ARKO'S PROPOSAL TO TRAVELCENTERS OFFERS NO FINANCING-RELATED CONDITIONS

Source text for Eikon: Further company coverage:

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

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