LAVAL, Quebec — Convenience store operator Alimentation Couche-Tard here on Wednesday increased the value of its hostile bid to buy Casey’s General Stores to $38.50 per share, increasing the likelihood of an acquisition, according to some analysts. “We believe the probability of this transaction being approved is increasing — although at this stage would probably not place it much above 50%,” said Karen Short, a New York-based analysts with BMO Cpaital Markets. “In the very least, we view ...
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