Global Partners acquires Alliance Energy in a deal expected to close in the first quarter of 2012. Global Partners LP is acquiring Alliance Energy LLC, which operates 542 gas stations in New England, New York, New Jersey and Pennsylvania, for about $116 million, Reuters reported. The deal is expected to close in the first quarter
Alimentation Couche-Tard Inc. has extended its tender offer to acquire all of the outstanding shares of Casey’s General Stores Inc.’s common stock for $36.75 per share in cash until 5 p.m., New York City time, on Aug. 30, 2010, unless the offer is further extended. The offer had been scheduled to expire at 5 p.m., New York
Walgreen Co. has received the regulatory clearance from the U.S. Federal Trade Commission needed to complete the acquisition of Duane Reade Holdings Inc. “We’re clear to move forward and complete the Duane Reade acquisition, which will immediately give Walgreens a leading position in the nation’s largest drugstore market,” said Walgreens president and CEO Greg Wasson.
Framingham, Mass.-based Gulf Oil LP, a division of Cumberland Farms Inc., has acquired the rights to the Gulf brand in the U.S. from Chevron USA Inc., the Boston Business Journal reported. Terms of the deal were not disclosed. Gulf Oil began using the Gulf name in 1986 through a licensing agreement with San Ramon, Calif.-based