Couche-Tard Announces Definitive Merger Agreement with CST Brands, Inc.

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CrossAmerica Partners (CAPL) Notes CST Brands Merger Agreement; Couche-Tard to Acquire IDRs

August 22, 2016 7:24 AM EDT

CrossAmerica Partners LP (NYSE: CAPL), a leading wholesale fuels distributor, today announced that its General Partner, CST Brands, Inc. (NYSE: CST) has entered into a definitive merger agreement with Alimentation Couche-Tard Inc. Under the terms of the agreement, Couche-Tard will, through its acquisition of CST, acquire CST's interest in CrossAmerica and associated Incentive... More