Newswatch

NEW SUITOR EMERGES FOR CASEY'S ANKENY, Iowa The battle to take over Casey's General Stores here took another turn last week when the convenience store chain said a new party reportedly 7-Eleven had made a superior offer to the revised bid of Alimentation Couche-Tard. Casey's described the new offer as a preliminary proposal from a strategic third party at $40 per share, above a revised bid of $38.50

NEW SUITOR EMERGES FOR CASEY'S

ANKENY, Iowa — The battle to take over Casey's General Stores here took another turn last week when the convenience store chain said a new party — reportedly 7-Eleven — had made a superior offer to the revised bid of Alimentation Couche-Tard. Casey's described the new offer as a “preliminary proposal from a strategic third party” at $40 per share, above a revised bid of $38.50 a share from Couche-Tard, which since April has been pursuing an acquisit

Register to view the full article