Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Retailer 'expects to deliver substantial value for its shareholders'

ANKENY, Iowa -- Casey’s General Stores Inc. has reacted to a letter a group of activist investors sent to all of the company's shareholders claiming the convenience-store chain is "substantially undervalued" and seeking a strategic review that could include the sale of the stores . JCP Investment...

caseys general store

Activist investors push c-store chain’s board to explore strategic alternatives

ANKENY, Iowa -- Casey's General Stores Inc. could be the next major convenience-store chain to go up for sale if a group of activist shareholders gets its way. In an open letter to all Casey's shareholders dated Jan. 3, James C. Pappas , managing member of investment firm JCP Investment Management...

caseys general store

JCP issues letter to shareholders claiming c-store chain is 'undervalued'

HOUSTON -- A group of shareholders of Casey's General Stores Inc. have issued an open letter to all Casey's shareholders suggesting that the chain is “significantly undervalued” and urging the board to “immediately engage a financial adviser to explore all strategic alternatives, including a...

spinx south carolina

Florida, Wisconsin lead this month’s tally

Sampson-Bladen Oil Co. and Alta Convenience Stores
Retailers report acquisitions in Colorado and North Carolina
E-Z Mart deal extends retailer into four new states
EZ Mart
Retailer adds 273 Southern locations with latest acquisition
couche tard
FTC requires divestments in Minnesota and Wisconsin as a condition of the deal

C-store, fuel retailer reveals acquisition, financing and 2018 growth plans

sunoco gas station
Acquisition of 1,100 retail sites in ‘latter stages of the regulatory approval process’ with FTC