Valero to Buy Premcor for $6.9B

April 24, 2005

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Valero Energy Corp. said on Monday it has agreed to buy rival Premcor Inc. for $6.9 billion in cash and stock, vaulting it ahead of Exxon Mobil as the largest refiner of crude oil in North America.

*For more on this story,

read the full Reuters article.

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Valero to Buy Premcor for $6.9B

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