Tesoro Corp. will spend $2.5 billion to purchase a Southern California refinery and more than 800 gas stations in California, Nevada and Arizona. In addition, Tesoro will also acquire the ARCO brand.
A team of San-Francisco-based Pillsbury partners advised Tesoro on the acquisition. The team included: Robert A. James, Michael Murphy, Christine L. Richardson, Paula M. Weber, Patrick J. Devine, Michael S. Hindus, David R. Farabee, Glenn Q. Snyder and Robert J. Spjut; Los Angeles partners Michael R. Barr and Richard H. Zaitlen; and Houston partners Jerry W. Ross, Laura E. Hannusch and Brad Raffle.
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