Caseys General Stores shares are trading higher after the company announced it will acquire Fikes Wholesale for $1.145B to expand its presence in Texas and southern markets.
Portfolio Pulse from Benzinga Newsdesk
Caseys General Stores shares are trading higher after the company announced it will acquire Fikes Wholesale for $1.145 billion to expand its presence in Texas and southern markets.
July 26, 2024 | 3:20 pm
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Caseys General Stores shares are trading higher following the announcement of its $1.145 billion acquisition of Fikes Wholesale. This move is aimed at expanding its market presence in Texas and southern regions.
The acquisition of Fikes Wholesale is a significant strategic move for Caseys General Stores, aimed at expanding its market presence in key regions. The market has reacted positively, as evidenced by the rise in share price.
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