Tuesday, April 13, 2010

Couche-Tard goes after Casey's

Casey's CEO on Couche-Tard's "hostile" bid: “Couche-Tard is trying to acquire U.S. companies on the cheap.”

Couche-Tard says it's offering 7.4X EBITDA multiple, an average $1.3 million per store prices. Total cost: about $1.84 billion.


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