Couche-Tard Launches Tender Offer for Casey’s

The board of directors of Casey’s General Stores here on Wednesday urged shareholders in the convenience chain not to respond to a tender offer from Canadian counterpart Alimentation Couche-Tard.

ANKENY, Iowa — The board of directors of Casey’s General Stores here on Wednesday urged shareholders in the convenience chain not to respond to a tender offer from Canadian counterpart Alimentation Couche-Tard.

Couche-Tard on Wednesday made an offer to buy the outstanding shares of Casey’s for $36 a share — the same price Casey’s board had already rejected when Couche-Tard made an initial offer this spring.

Couche-Tard also announced its intention to nominate a slate of

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