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Tesoro Corp Receives US Antitrust Approval To Buy BP Plc's Refinery-Reuters

Saturday, 18 May 2013 04:31pm EDT 

Reuters reported that Tesoro Corp has received formal approval from antitrust regulators in Washington and Sacramento to buy BP Plc's refinery and other assets in southern California for more than $2 billion. Tesoro will not have to sell any of the assets anti-trust regulators said, but California officials demanded the company upgrade the refinery it was buying. 

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