ANKENY, Iowa — The board of directors of convenience store chain Casey’s General Store here has rejected a hostile takeover attempt from Canadian retailer Alimentation Couche-Tard, saying the $1.9 billion offer “vastly undervalues Casey’s and our future prospects.” Couche-Tard’s offer of $36 per share — a 14% premium on Casey’s closing share price Thursday — came to light after Casey’s board twice rejected private offers from Couche-Tard. “We are committed to pursuing this transaction and ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.