Couche-Tard extends take-over bid for Casey’s

Laval, Quebec Alimentation Couche-Tard announced that it has extended its previously announced offer to acquire all of the outstanding shares of common stock of Casey's General Stores to 5 p.m. EST, on Aug. 30.

The extension comes as Casey's board last week rejected the boosted offer and announced plans to purchase up to $500 million of stock at $38 to $40 a share through a Dutch auction. Couche-Tard's latest bid is $36.75 a share.