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.
