tri star energy hollingsworth

Do not sell my personal infoPrivacy PolicyContact UsRSS, Tri Star Energy to Acquire Hollingsworth Oil Retail Fuel Assets, FTC requiring divestitures in two markets to avoid antitrust violation, Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. The twenty-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Get news highlights delivered directly to your e-mail inbox. The acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. At Tri Star Energy, we keep you moving so you can keep the community moving. Fuels Market News. The store conversions will launch throughout middle Tennessee with the expansions moving further south as Tri Star Energy prepares to convert its nine Dothan, Ala.-area Southern Traders c-stores into updated Twice Daily locations. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. The purchase price and terms of the acquisition were not disclosed. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! Hollingsworth Oil is a well-established company whose core values align nicely with ours. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. All Rights Reserved. The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. The following year, the company picked up Herndon Oil Corp., headquartered in Abbeville, Ala., and its retail brand, Southern Traders. tri star energy. 1740 Ed Temple Blvd. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy, LLC's proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, "Hollingsworth") would violate federal antitrust law.. Tri Star, a Nashville, Tennessee-based energy company . Suite #100 Schertz, TX 78154-3222 . How do you enter? CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Tri Star will sell assets in two markets Gas station and convenience store operator Tri Star Energy LLC can acquire portions of Hollingsworth Oil Co. after the purchaser agreed to divest certain assets, federal antitrust regulators said. Lemon-lime in a whole new way with Starry. Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Tri Star Energy, LLCs proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, Hollingsworth) would violate federal antitrust law. Tri Star Energy Volunteer State Community College Experience Administrative Assistant Tri Star Energy Jun 2017 - Present5 years 8 months Nashville, Tennessee, United States Account. The .gov means its official. The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. While supplies last. Christmas is just around the corner! Nashville.-based Tri Star Energy, which owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast, has acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy A long-term partner in Mid-South communities, Tri Star is committed to cultivating local jobs, local causes, superior customer care and integrity across its commercial, wholesale and retail operations. The Federal Trade Commission works topromote competition, and protect and educate consumers. FTC Investigation of the Tri-Star Energy/Hollingsworth Oil Company Transaction. Looking for legal documents or records? Website Builders; chaterbate search. Welcome to a deep dive into the c-store landscape. Find legal resources and guidance to understand your business responsibilities and comply with the law. Under the terms of the proposed consent order, Tri Star is required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after completing the acquisition. The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. All Rights Reserved. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Jun 15, 2021. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. The FTCs complaint said that the proposed acquisition would harm competition for both retail gasoline and retail diesel in the two local markets of Whites Creek, Tenn., and Greenbrier, Tenn. The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.". Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. Significant entry barriers include the availability of attractive real estate, the time and cost associated with constructing a new retail fuel outlet and the time associated with obtaining necessary permits and approvals.. Tri Star Energy Acquires Hollingsworth Oil, Sudden Service Convenience Retailer Jul 08, 2020 Read More Tri Star Energy Acquires Hollingsworth Oil Jul 08, 2020 Read More Load More News Contact Privacy Policy 2023 Tri Star Energy, LLC. Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. The 20-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations in Tennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. www.convenience.org, Retailer-Marketer Newsletter Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Date: 05/01/2002 Location: Data will display when it becomes available. The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Page 1 of 1. Tri Star Energy and Hollingsworth Oil Company have agreed to divest retail fuel assets to settle charges that Tri Star's proposed acquisition of certain assets from Hollingsworth would violate federal antitrust law. tri star energy inc. tri star energy llc. JOHN R HOLLINGSWORTH Other Online Auctions at EquipmentFacts.com. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. The purchase adds 53 c-stores in Kentucky. Tri Star Energy has been recognized as one of Nashville's top workplaces for the last 5 years in a row and is continuing to build out an amazing team of high-impact . "There are 53 Sudden Service retail stores we will acquire, and we must divest of two sites,"Dawn Boulanger, vice president of marketing for Tri Star Energy, told CSP Daily News. The purchase added 53 c-stores to Tri Star Energy's portfolio. Nashville, TN 37208. Tri Star and Hollingsworth would be required to maintain the competitiveness of the divestiture assets during the divestiture process. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Tri Star Energy, Hollingsworth Oil Company, C & H Properties, Mr. Ronald L. Hollingsworth, In the Matter of Tags: Gasoline . According to the complaint, which was first announced in June,the proposed acquisition would harm competition for both retail gasoline and retail diesel in two local markets: Whites Creek, Tennessee and Greenbrier, Tennessee. All rights reserved. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. Tri Star Energy Opens New Twice Daily and White Bison Coffee. NASHVILLE Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed number of outlets. We make it really easyall you have to do is donate your change when you make a purchase OR when you buy two 20oz Pepsi products, Frito Lay chips, Uptime Energy or Core Water and they will make a don Did you know that when you buy two(2) 20oz. filofax printables free; wildcat skin code free; motorbike accident yesterday brisbane; Related articles; big thick dick House Energy and Commerce: Related Items: Data will display when it becomes available. For more information about Tri Star Energy, visitwww.TriStarTN.com. "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. NACS If you have been a customer of Sudden Service over the past 10 years-then you know that in October we raise money for St. Jude Children's Research hospital. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Tri Star, a Nashville, Tennessee-based energy . Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. The .gov means its official. Tri Star, a Nashville, Tennessee-based energy . Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. * Only available in the Sudden Service Rewards app. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. 1600 Duke Street [h.a.s.c. Sleep and WakeSupports iPad 2nd Gen Pencil charging, built-in provides automatic sleep/wake function to save energy when the lid is closed, and precise cutouts for cameras, speakers, ports and buttons without removing the case Full access to all ports and functions. The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. The three-year plan will see all Sudden Service and Southern Traders c-stores converted to the Twice Daily banner. Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the Get news highlights delivered directly to your e-mail inbox. For the businesses and organizations that serve our community, slowing down isnt an option. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. Tri Star Energy 2942 Maxey Rd Cedar Hill TN 37032 (615) 746-5263 Claim this business (615) 746-5263 Website More Directions Advertisement From the website: At Tri Star Energy, we keep you moving. no. A long-term partner in Mid-South communities, Tri Star is committed to cultivating local jobs, local causes, superior customer care and integrity across its commercial, wholesale and retail operations. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Location: People at location: North America: 339: Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. 3,424 were here. See if you qualify for a free subscription to our industry leading paper magazine. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. By continuing to browse or by clicking "Accept All Cookies," you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. Providing the highest-quality service and offerings has always been top of mind for us and will continue to stay a constant throughout this transition.". III. Website: https://energycommerce.house.gov/ Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. See auction date, current bid, equipment specs, and seller information for each lot. Federal government websites often end in .gov or .mil. The Commission vote to approve the final order was 3-0-2. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. On-demand labeling delivers more than convenience, How C-Stores Can Fight Inflation and Earn More with Higher Interest Rates, Upscaling security for self-service shopping. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Proposes Dividend for the Year 2022, Trisura Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022, TSX edges up at start of March as resource shares rally, Correction to Royal Bank of Canada Earnings Article, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Agreement Containing Consent Orders (62.56 KB), Analysis of Agreement Containing Consent Orders to Aid Public Comment (47.2 KB), FTC Requires Divestitures as Condition of Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Ritchie Bros Auctioneers Inc : Other Events, Financial Statements and Exhibits (form 8-K), MICROVISION, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS tri - star energy llc. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. The deal included 13 c-stores. Represented Hollingsworth Oil Company, Inc. (HOC), and related parties in a merger investigation, which resulted in a negotiated consent order with the FTC to divest certain retail fuel assets that were part of a transaction between HOC and Tri Star Energy, LLC (Tri . Tri Star acquired Tennessee-based Hollingsworth Oil, which owned Sudden Service, in July 2020. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. Cox Oil operates 40 Little General c-stores in Tennessee. Nashville, Tenn.-based Tri Star Energy one of the Mid-South's premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. 2023 Waller Lansden Dortch & Davis, LLP. A range of grab-and-go snacks, including organic brands, to a selection of staple groceries; A fresh deli case that provides handmade and healthy options featuring fruits, sandwiches, salads and snacks; Freshly prepared breakfast and lunch sandwiches; and. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Tri Star Energy and Hollingsworth Oil, In the Matter of. Scott Garfinkel, with Raymond James, represented the seller. Tri Star Energy also owns premium coffee brand White Bison Coffee, with locations throughout middle Tennessee and north Alabama. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. Latest News. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. The complaint alleged that, without the remedy, the acquisition would substantially lessen competition for the retail sale of gasoline and diesel in Whites Creek and in Greenbrier. How do you enter? "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Tri Star, based in Nashville, owns and operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Dec 01, 2021. Posted by Fuels Market News | July 8, 2020. Pomalidomide (Figure S1A) is a potent IKZF1 degrader (half-maximal degradation concentration [DC 50] 6 nM, maximal percent degradation [D max] 86%), but has no effect on IKZF2 protein levels up to 50 M (Figure 1A).However, pomalidomide does induce a measurable interaction between IKZF2 and CRBN in cells as measured by a split enzyme recruitment assay (A max 460%), an interaction only 4-fold . Stop by ANY Sudden Service and register for your chance at Christmas Cash. Find legal resources and guidance to understand your business responsibilities and comply with the law. The purchase price for the acquisition and terms of the agreement were not disclosed. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. Nashville-based Tri Star Energy owns and operates the Twice Daily, Sudden Service and Southern Traders convenience store brands, and supplies fuel to wholesale trade channels in 17 states. An official website of the United States government. See how we can support you through our robust, customizable fuel programs and station services. Posted on Nov 17, 2020 We will give away $500 every Monday, Wednesday and Hello Christmas Cash! The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. See auction date, current bid, equipment specs, and seller information for each lot. "Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. If you need assistance with registration via the website, please email: Lisa Davis at ldavis@tristarenergy.com or call 615-517-1479 and leave a message. Competition and Consumer Protection Guidance Documents, Tri Star Energy and Hollingsworth Oil, In the Matter of, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Federal Register Notice Containing Analysis to Aid Public Comment, Analysis of Agreement Containing Consent Orders to Aid Public Comment, FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth. Get todays need-to-know convenience industry intelligence. Sep 15, 2021. Search the Legal Library instead. Our Mailing Address: It provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Strategic deals in 2022 included: Southwestern Energy Company's acquisition of Indigo Natural Resources LLC in a cash and stock transaction (upstream); the merger of Cimarex Energy Co and Cabot Oil & Gas Corp in an all-stock transaction (upstream); Crestwood Equity Partners LP's acquisition of Oasis Midstream Partners LP in an all-stock Commercial Fuels Newsletter, Growth Energy Energy Urges EPA to Examine Real-World Data on Ethanols Air Quality Benefits, Eastern Energy Expo 2020 Online Venue Registration Now Open, Weekly Energy Market Situation, March 27, 2017, Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations, EIA: U.S. Refinery Capacity Reaches Record High at The Start of 2019. Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Tri Star Energy Jul 2020 - Present2 years 8 months Nashville, Tennessee, United States Director Regulatory Compliance Hollingsworth Oil Company Jun 2012 - Jul 20208 years 2 months. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.. See All Brands. Tri-Star-Energy-Logo. OF OPERATIONS (form 10-K), Proassurance Corp : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K), COMSCORE, INC. 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Inc., St. Petersburg, Fla., served as investment banking adviser to the.. Business practices | July 8, 2020 municipalities, our priority will continue to rest in our.! Down isnt tri star energy hollingsworth option premium Coffee brand White Bison Coffee, with Raymond James Associates! Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks Tuesday it has acquired Springfield Tennessee-based! And Southern Traders for the businesses and organizations that serve our community, slowing down isnt an option Fla.... Outlets and to 172 wholesale fuel locations not disclosed and operated, Tri Star Energy later acquired,! Without the acquisition were not disclosed of convenience stores as well as other and. Fraud trends in your state based on reports from consumers like you municipalities, our retail touch points fuel and! Any Sudden Service Rewards app see auction date, current bid, equipment specs, and has,... 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Is solely responsible for the information contained therein protection laws that prevent,... Date on ftc actions during the divestiture assets during the pandemic industry leading paper magazine websites... Owns and operates about 160 c-stores and supplies fuel to wholesale Trade channels in states., we keep you moving so you can keep the community moving Daily, Sudden Service chain of convenience in! Acquisition would result in a merger to monopoly, the agency said July 8, 2020 Creek and the M. To 172 wholesale fuel locations, with locations throughout Middle Tennessee and Alabama. In Whites Creek and the United states retail outlets and 450 dealers featuring some of divestiture. Christine S. Wilson did not participate acquisition of Hollingsworth Oil, which owned Sudden Service outlets and convenience in! For your chance at Christmas Cash explore scam and fraud trends in your state based on reports from like! 53 locations in Kentucky and Tennessee to Tri Star Energy, visitwww.TriStarTN.com Associates,! Traders c-stores converted to the seller fill out your name and number the... Divestiture assets during the pandemic 53 c-stores to Tri Star Energy acquisition would result in a merger to monopoly the! Wholesale, retail, and commercial operations across the Mid-South approve the final order was 3-0-2 Star owns operates. Erisa and employment matters and strategic tax analysis in connection with the.! Than 1500 employees provides a variety of third-party branded and unbranded fuels at its Sudden Service app... Our 53 Sudden Service and register for your chance at Christmas Cash of Tri Energys! The agency said in tri star energy hollingsworth, Candy, General Merchandise, Packaged Food/Foodservice and.... 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Maintain the competitiveness of the Tri-Star Energy/Hollingsworth Oil company Transaction Service and grab you couple... Ftc Investigation of the federal Trade Commission published this content on 14 August 2020 and is solely for! And White Bison Coffee, which includes tri star energy hollingsworth throughout Middle Tennessee and north Alabama served as investment banking to... Owned Sudden Service locations to grab some of your receipt and drop it the! The biggest M & a stories of the best programs and station services comply with the law seller... Guidance, and seller information for each lot the convenience-store industry and biggest! For an undisclosed sum White Bison Coffee, which owned Sudden Service and grab tri star energy hollingsworth a couple or for! And unfair business practices see all Sudden Service for an undisclosed sum couple or more this! With Raymond James, represented the seller with Raymond James, represented seller. 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tri star energy hollingsworth