Couche-Tard Ups Offer for Casey’s

Alimentation Couche-Tard on Thursday increased its offer to acquire convenience operator Casey’s General Stores to $36.75 per share from $36.

MONTREAL — Alimentation Couche-Tard on Thursday increased its offer to acquire convenience operator Casey’s General Stores to $36.75 per share from $36.

Couche-Tard said the offer represents a 26% premium over the one-year average closing share price of Casey’s as of April 8, the last trading day prior to the public disclosure of Couche-Tard’s proposal. It also represents a 12% premium to the all-time and 52-week high trading price of common stock of Casey’s trading prior to Ap

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