Will its old nemesis be back for another try?
Mergers & Acquisitions News
Activist investor rumored to be weighing push to sell c-store chain
NEW YORK -- After a Bloomberg report sent shares of Casey's General Stores Inc. stock rising more than 7% on May 23, activist investor Jana Partners is denying that it has built a small position in Casey’s and is weighing an effort to push the retailer to sell itself, CNBC reported . The size of...
Deal includes 37 company-operated stations, 24 fuel sites, 70 fuel-supply agreements
WALTHAM, Mass. -- Global Partners LP has signed an agreement to purchase the retail fuel and convenience-store assets of Champlain Oil Co. Inc., South Burlington, Vt. The acquisition includes 37 company-operated gas stations with Jiffy Mart-branded convenience stores in Vermont and New Hampshire...
Ongoing M&A activity puts spotlight on why retailers go on the block
Casey’s goes on building sprees in Indiana, Oklahoma, Missouri, other states
Merger will create coast-to-coast refining, logistics and marketing giant