Casey's General Stores to acquire 40 Pilot convenience stores in TN and KY for $220M cash

CASEYS GENERAL STORES INC

Acquiring 40 Pilot convenience stores in TN and KY for $220M in cash, subject to customary adjustments.
Stores are primarily in the Knoxville area, expanding Casey's footprint in the Southeast.
Transaction funded with cash on hand and bank financing; expected to close after HSR clearance.
BofA Securities served as exclusive financial advisor to Pilot Corporation.

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