Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nasdaq  >  Casey's General Stores Inc    CASY

Delayed Quote. Delayed  - 10/09 04:00:00 pm
107.14 USD   +1.09%
09/08 CASEY GENERAL S : tops Street 1Q forecasts
09/08 CASEY GENERAL S : Posts Record First Quarter Earnings
09/08DJCasey's General Stores Profit Rises
News SummaryMost relevantAll newsSector news 

CASEYS GEN NPV : Casey's Signs Definitive Agreement to Acquire NuWay Cooperative's NuMart Convenience Stores

02/15/2011 | 12:55pm US/Eastern

Casey's General Stores, Inc. (Nasdaq: CASY) today announced that it has signed a definitive purchase agreement to acquire 11 convenience stores from NuWay Cooperative of Trimont, Minnesota. All of the stores are located in Minnesota operating under the NuMart banner and will be immediately rebranded to Casey's.

?We are excited about this opportunity. These are well maintained locations that fit perfectly with the Company's business model of operating in smaller rural communities and further strengthens our existing market presence in southern Minnesota,? said Robert J. Myers, President and CEO.

The Company expects this acquisition to be immediately accretive to earnings and provide further earnings enhancements as operating efficiencies are realized and the prepared food program is added.

The acquisition is subject to certain regulatory approvals and other customary closing conditions. The transaction is expected to close during the Company's fourth fiscal quarter. The acquisition will be funded by existing cash and operating cash flow.

Casey's General Stores, Inc.
Bill Walljasper, 515-965-6505

© Business Wire 2011
React to this article
09/22 CASEY GENERAL STORES : CASEYS GENERAL STORES INC : Submission of Matters to a Vo..
09/11 CASEY GENERAL STORES : Posts 1Q Earnings
09/08 CASEY GENERAL STORES : tops Street 1Q forecasts
09/08 CASEY GENERAL STORES : Posts Record First Quarter Earnings
09/08 CASEY GENERAL STORES : CASEYS GENERAL STORES INC : Results of Operations and Fin..
09/08DJCasey's General Stores Profit Rises
08/17 CASEY GENERAL STORES : CASEYS GENERAL STORES INC : Change in Directors or Princi..
07/30 CASEY'S GENERAL STORES INC : ex-dividend day
07/29 CASEY GENERAL STORES : BRIEF: Dewey officials hope for revenue increase
07/22 CASEY GENERAL STORES : BRIEF: Casey's to open in Dewey
Duration : Period :
Casey's General Stores Inc Technical Analysis Chart | CASY | US1475281036 | 4-Traders
Income Statement Evolution
More Financials