OPINION OF THE COURT
SLOVITER, Circuit Judge.
I.
This case addresses, for the first time, whether an oil company which supplies fuel to its franchised dealers is obliged, before failing to renew the franchise, to offer to assign to the dealer an option to purchase the premises under Title I of the Petroleum Marketing Practices Act (PMPA), 15 U.S.C. §§ 2801-2806 (1982).
Howard Lugar, the plaintiff below, operated a service station...
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