Newswatch

Alimentation Couche-Tard said last week that it still plans to acquire Casey's General Stores, despite the latter enacting a so-called poison pill that would flood the market with cheap shares if a buyer gained a significant stake on the open market. Casey's, based here, said the amended shareholder rights plan filed calls for a release of half-price

COUCHE-TARD STILL PURSUING CASEY'S

ANKENY, Iowa — Alimentation Couche-Tard said last week that it still plans to acquire Casey's General Stores, despite the latter enacting a so-called “poison pill” that would flood the market with cheap shares if a buyer gained a significant stake on the open market. Casey's, based here, said the amended shareholder rights plan filed calls for a release of half-price shares for all shareholders whenever one shareholder acquires 15% of the compan

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