TravelCenters of America Inc. Announces First Quarter 2023 Financial Results
On February 16, 2023, TA announced that it has entered into a merger agreement with BP Products North America Inc., or bp, a subsidiary of BP p.l.c.
- On February 16, 2023, TA announced that it has entered into a merger agreement with BP Products North America Inc., or bp, a subsidiary of BP p.l.c.
- (NYSE: BP), pursuant to which bp will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
- First Quarter 2023 Conference Call:
As a result of the merger agreement announcement, TA will not hold a conference call for its results for the first quarter 2023. - Adjusted net (loss) income, EBITDA, adjusted EBITDA, and adjusted EBITDAR are non-GAAP financial measures.