Alimentation Couche-Tard (ANCUF.PK) increases the price of its hostile takeover effort for...

|By:, SA News Editor

Alimentation Couche-Tard (ANCUF.PK) increases the price of its hostile takeover effort for Casey’s General Stores (CASY), as support for its prior bid fell after Casey's launched a $500M stock buyback effort at $38/share. The new bid is $38.50, a 2.3% premium to Tuesday's closing price.