Casey's General Stores Completes $1.15 Billion Fikes Wholesale Acquisition

MT Newswires Live
06 Nov 2024

Casey's General Stores (CASY) said Tuesday it completed the $1.15 billion acquisition of CEFCO Convenience Stores' parent company Fikes Wholesale on Nov. 1.

Casey said the deal adds 198 stores across Texas, Alabama, Florida and Mississippi, and increases its store count to about 2,900.

Shares of the company were up 1.3% in recent trading.

Price: 385.90, Change: +4.82, Percent Change: +1.26

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