TravelCenters of America Inc. (TA)
After hours:
| Previous Close | 86.31 |
| Open | 86.50 |
| Bid | 85.90 x 4000 |
| Ask | 86.50 x 800 |
| Day's Range | 86.40 - 86.90 |
| 52 Week Range | 31.19 - 87.17 |
| Volume | |
| Avg. Volume | 683,185 |
| Market Cap | 1.306B |
| Beta (5Y Monthly) | 1.47 |
| PE Ratio (TTM) | 7.84 |
| EPS (TTM) | 11.04 |
| Earnings Date | May 01, 2023 - May 05, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 86.00 |
- GlobeNewswire
ARKO Corp. Details Significant Updates Provided to Travel Center of America’s Board on Superior Acquisition Proposal
Superior Proposal of $92 per share backed by additional capacity, underscoring ARKO’s confidence in obtaining financing for a potential transactionRICHMOND, Va., March 29, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO”), a Fortune 500 company and one of the largest convenience store operators in the United States, today issued a letter to TravelCenters of America’s (NASDAQ: TA) (“TravelCenters”) Board, setting forth additional details of ARKO’s financing in connection with its propos
- Reuters
UPDATE 2-TravelCenters of America says Arko's $1.4 bln bid not superior to BP
TravelCenters of America on Tuesday confirmed Arko Corp's $1.4 billion takeover offer is not superior to its existing proposal from British energy giant BP Plc. Store operator Arko said on Monday it had made a buyout offer for TravelCenters, which was higher than BP's $1.3 billion bid in mid-February. But TravelCenters' board said Arko's proposal did not constitute a superior offer and had a high level of execution risk due to the latter's inability to secure committed financing.
- Business Wire
TravelCenters of America Confirms ARKO Corp. Proposal is Not Superior to the Previously Announced BP Transaction
WESTLAKE, Ohio, March 28, 2023--TravelCenters of America Inc. (Nasdaq: TA) today confirmed that the Board of Directors (the "Board") previously reviewed and determined that the conditional, unsolicited and unfinanced proposal from ARKO Corp. (Nasdaq: ARKO) to acquire TA is neither superior to the transaction TA previously agreed to with BP Products North America Inc. ("BP") nor is it likely to lead to a superior proposal.
