Corporate News

Corporate news affecting the convenience store industry

Receives unsolicited higher offer from investor group

INDIANAPOLIS -- Marsh Supermarkets Inc. said Tuesday an investor group offered to buy the company for about $107.8 million in cash, nearly 23% higher than an existing offer. The supermarket chain said it received an unsolicited letter dated May 22 from Drawbridge Special Opportunities Advisors LLC...

Al Wiley, 70, founder and president of Country Convenience Food Stores, Middletown N.Y., died May 26 at his home in Goshen, N.Y., of lung cancer.

MIDDLETOWN, N.Y. -- Al Wiley, 70, founder and president of Country Convenience Food Stores, Middletown N.Y., died May 26 at his home in Goshen, N.Y., of lung cancer. His passing comes just nine days after being inducted into the New York Convenience Store Hall of Fame. Although too ill to attend...

Travel center opens in Buffalo Bill's birthplace

WESTLAKE, Ohio -- TravelCenters of America (TA) has added a new franchise facility, the former Mitten Truck Stop, in Oakley, Kansasthe birthplace of William Buffalo Bill Codyto its growing network. The full-service travel center is located on Interstate 70 and U.S. 40 at Exit 76. TA Oakley offers...

Sales, income up in first-quarter 2006
Sees Getty profitability, refinery purchase, SEC listing down the road
Petroleum and convenience store pioneer Frank B. Fehsenfeld has died, reported The Grand Rapids Press.
Aggressive growth of Fas Mart and Shore Stop in the Southeast is the likely result of the recent change in ownership for the retailer's parent company.
U.K. retailer hiring talent, moving forward with its U.S. c-stores
Moeder was VP of c-stores, fuel, Turkey Hill
Steve Henry, vice president of sales for Gilbarco Veeder-Root, has confirmed that he will leave the company at the end of August.

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