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Convenience Store Owner The Pantry Nears Deal to Be Sold
WSJ ^

Posted on 12/17/2014 4:48:33 AM PST by Perdogg

Southeastern convenience-store chain The Pantry Inc. is nearing a deal to be sold, according to people familiar with the matter.

The Cary, N.C., company, which does business primarily under the Kangaroo Express banner, has a market value of $685 million, at Tuesday’s closing. Using a typical takeover premium, an acquisition of the company could value it at more than $850 million.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; US: North Carolina
KEYWORDS:

1 posted on 12/17/2014 4:48:33 AM PST by Perdogg
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To: Perdogg

Ain’t gonna subscribe just to read the story.


2 posted on 12/17/2014 4:54:29 AM PST by mazda77
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To: mazda77

Same here. It almost seems like they actively repel potential readers. Maybe they aren’t aware that the same news they guard so carefully is available elsewhere, and not under lock and key, lol.


3 posted on 12/17/2014 5:41:20 AM PST by deoetdoctrinae (Gun-free zones are playgrounds for felons.)
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To: deoetdoctrinae
Same here. It almost seems like they actively repel potential readers. Maybe they aren’t aware that the same news they guard so carefully is available elsewhere, and not under lock and key, lol.

They are actually one of the fews Internet news sources taht actually makes real money on the operations. They have enough paying customers to not have to deal with riff-raff like us.
4 posted on 12/17/2014 7:18:47 AM PST by Dr. Sivana (There is no salvation in politics)
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