TravelCenters of America Files Definitive Proxy for BP Transaction

WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that it filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with the pending acquisition of TA by BP Products North America Inc. (“BP”). Under the terms of the pending transaction, BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash. The transaction price represents an 84% premium to TA’s average trading price of