FTC, Calif. green-light Tesoro's purchase of BP refinery

05/19/2013 | Los Angeles Times (tiered subscription model)

The Federal Trade Commission and California have cleared Tesoro's $2.4 billion acquisition of BP's Carson, Calif., refinery, and other assets. Tesoro would take the necessary actions to curb greenhouse-gas emissions at the refinery as part of the agreement. The refinery's workers would also have job security for two years, Tesoro said.

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