‎Industry analysts divided over best suitor, but may give edge to 7-Eleven over Couche-Tard
We’re going to see a long, drawn-out battle,” Derek Dley, an analyst with Canaccord Genuity, Vancouver, told
The Financial Post. Industry analyst has begun to weigh in with mixed reactions on the entry of 7-Eleven Inc. onto the field of financial combat to challenge Alimentation Couche-Tard Inc. for the spoils of victory: the reluctant hand of Casey’s General Stores Inc. in the biggest convenience store “marriage” in the history of the industry.
There are compelling reasons to peg either Couche-Tard or 7-Eleven as the best candidate to acquire Casey’s.
“The entry of 7-Eleven is interesting because they’re really the only other major convenience store that’s big enough to take a run at it,” Dley told the newspaper. Full article.