Casey’s General Stores to expand empire with stunning $1.1bn acquisition of Fikes Wholesale
Casey’s General Stores, Inc., a leading convenience store chain in the United States, has announced a major acquisition, agreeing to purchase Fikes Wholesale, Inc. for $1.145 billion in an all-cash deal. The purchase price, which includes tax benefits valued at approximately $165 million, results in a net after-tax cost of $980 million. This strategic move […]