Couche-Tard Proposes to Acquire Casey's

Publish Date: 
April 15, 2010

Alimentation Couche-Tard Inc. announced that it has submitted a proposal to the Board of Directors of Casey's General Stores Inc. to acquire all of the outstanding shares of common stock of Ankeney, Iowa-based Casey's for $36.00 per share in cash.  Casey's owns and operates more than 1,500 C-stores in nine Midwestern states.

Laval, Quebec-based Couche-Tard currently operates a network of 5,883 convenience stores, 4,142 of which include motor fuel dispensing, located in 11 large geographic markets, including eight in the United States covering 43 states and the District of Columbia, and three in Canada covering all 10 provinces.