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Canadian retailer Alimentation Couche-Tard said yesterday that it would extend its $1.9 billion tender offer for Casey’s General Stores from August 6 to August 30.

Casey’s continues to oppose the offer, releasing the following statement: “The low -- and declining -- number of shares tendered clearly demonstrates that Casey’s shareholders do not support Couche-Tard’s inadequate, highly conditional $36.75 per share offer. We believe that our shareholders recognize the superior value we are creating through our continuing strong performance, strategic growth initiatives and highly accretive recapitalization plan.”
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