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Bullboard - Stock Discussion Forum Alimentation Couche-Tard Inc T.ATD

Alternate Symbol(s):  ANCTF

Alimentation Couche-Tard Inc. is engaged in convenience and mobility, operating in about 29 countries and territories, with more than 16,700 stores, of which almost 13,100 offer road transportation fuel. With its Couche-Tard and Circle K banners, the Company is an independent convenience store operator in the United States, and it is engaged in the convenience store industry and road... see more

TSX:ATD - Post Discussion

Alimentation Couche-Tard Inc > The White Knight
View:
Post by GoldBug666 on Nov 13, 2024 8:26pm

The White Knight

Offer is just a ploy.  Couche tard needs to walk away.  Then they'll come back begging to sell 7 eleven.  Scoop it up for cheap then.  47 is too high and 50 is definitely not worth it. It's a dying used up brand.  You wouldn't pay a premium for a Jalopy car - would you?  Glta
Comment by BearBullBrian on Nov 15, 2024 5:43pm
Sure, most white knight offers are a ploy and I'd be surprised if Couche Tard fell for it.  That said they may nudge up the price a bit as a last offer. I am sure that Couche Tard have identified many locations that would respond well to growth strategies. If the deal goes through, engineering organic development of the 7-11 would probably keep Couche Tard busy for the next decade. With ...more  
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