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Couche-Tard Extends Offer for Casey’s

ANKENY, Iowa — Alimentation Couche-Tard on Monday said it would extend its tender offer for convenience chain Casey’s General Stores here, noting that its effort through July 9 had garnered 19% of the stock.

Jon Springer, Executive Editor

July 12, 2010

1 Min Read
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JON SPRINGER

ANKENY, Iowa — Alimentation Couche-Tard on Monday said it would extend its tender offer for convenience chain Casey’s General Stores here, noting that its effort through July 9 had garnered 19% of the stock.

Casey’s on Monday reiterated its call to reject Couche-Tard’s advances, saying the tepid response to the offer thus far reflects its belief that the takeover offer is “inadequate.” The tender offer will now expire on Aug. 6, Couche-Tard said.

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Couche-Tard

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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