Attorney General Schneider Reaches Settlement With Irving Oil
AUGUSTA ?Maine Attorney General William Schneider announced today that he has settled concerns about reduced competition as a result of the proposed acquisition by Irving Oil Terminal, Inc. and Irving Oil Limited (?Irving?) of ExxonMobil petroleum products storage and transportation assets in Maine.
Under the original deal made public in November 2009, Irving would have acquired ExxonMobil?s petroleum products terminals in South Portland and Bangor, as well as the pipeline connecting the two terminals.