Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Deal creates highly integrated, geographically diversified refining, marketing and logistics company

SAN ANTONIO and EL PASO, Texas -- Tesoro Corp. and Western Refining Inc. have announced a definitive agreement under which Tesoro will acquire Western Refining for $37.30 per share in a stock transaction valued at $4.1 billion based on Tesoro's closing stock price of $85.74 on Nov. 16, 2016. This...

Pending regulatory approvals, companies expect deal to close in early 2017

SAN ANTONIO -- Bringing the process another step closer to completion, CST Brands Inc. stockholders approved at a special meeting on Nov. 16 the previously announced merger agreement with a U.S. subsidiary of Alimentation Couche-Tard Inc. Couche-Tard announced in August its intention to acquire CST...

Retailer issues results of stockholders’ vote

SAN ANTONIO – CST Brands Inc. stockholders have approved the previously announced merger agreement with a U.S. subsidiary of Alimentation Couche-Tard Inc. at its special meeting held today. Stockholders representing approximately 84% of the total shares outstanding as of the Oct. 7, 2016, record...

Begins operating 170 c-stores, tobacco shops in Michigan and Indiana
Deal better positions refiner/marketer to move ahead on Alon USA acquisition
Real-estate, private-equity firm begins to build c-store portfolio, aiming for 400 stores

Alain Bouchard is known for successful acquisitions; what did he learn from the ones that weren’t?

Deal gives retailer its first sites in Wyoming
Company already making plans to expand statewide
Grocer-turned-convenience retailer expands in Wisconsin

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