UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 3, 2011
CASEYS GENERAL STORES, INC.
(Exact name of registrant as specified in its charter)
Iowa
(State or other jurisdiction of incorporation)
001-34700 | 42-0935283 | |
(Commission File Number) | (IRS Employer Identification No.) | |
One Convenience Blvd., Ankeny, Iowa | 50021 | |
(Address of principal executive Offices) | (Zip Code) |
515/965-6100
(Registrants telephone number, including area code)
NONE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CF 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01. | Regulation FD Disclosure. |
On June 3, 2011, Caseys General Stores, Inc. (the Company) issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference into this Item 7.01.
Item 9.01 | Financial Statements and Exhibits. |
(c) | Exhibits |
The exhibit accompanying this report is listed in the Exhibit Index attached hereto.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
CASEYS GENERAL STORES, INC. | ||||
Date: June 3, 2011 | By: | /s/ Robert J. Myers | ||
Robert J. Myers | ||||
President and Chief Executive Officer |
EXHIBIT INDEX
The following exhibits are filed herewith:
Exhibit |
Description | |
99.1 | Press Release issued by Caseys General Stores, Inc. dated June 3, 2011. |
Exhibit 99.1
Caseys to purchase 22 Kum & Go Stores in Iowa
ANKENY, Iowa (June 3, 2011) Caseys General Stores, Inc. (Nasdaq symbol CASY) and Kum & Go announced today that they have signed a definitive purchase agreement for Caseys to acquire 22 convenience stores from Kum & Go. All 22 stores are located in Iowa operating under the Kum & Go banner. The stores will be immediately rebranded to Caseys once the transaction is completed.
According to Kum & Go Owner, President and Chief Executive Officer Kyle J. Krause, the proceeds generated by this sale will be reinvested in Kum & Gos 400+ remaining stores and used to drive the companys long-term business and growth strategies.
I extend my sincere appreciation to our associates and loyal customers in these communities for the important role that they have played in Kum & Gos history and the overall success of these stores, stated Mr. Krause.
These stores are predominantly in rural Iowa locations, said Caseys President and Chief Executive Officer Robert J. Myers. These types of communities have proven to be an excellent fit for our business model and we are very excited to implement our proprietary prepared food program.
Caseys expects this acquisition to be immediately accretive to earnings in their first full year of operation. The acquisition is subject to certain regulatory approvals and other customary closing conditions. The transaction is expected to close in July 2011 and will be funded by existing cash and cash flow.
Below, a list of the 22 stores and their addresses:
1. | ARMSTRONG | 307 S. Fourth Avenue | ||||
2. | ATLANTIC | 701 Poplar | ||||
3. | BRITT | 576 N. Main Avenue | ||||
4. | BROOKLYN | 106 W. Second Street | ||||
5. | CARROLL | 613 W. U.S. Hwy 30 | ||||
6. | CEDAR FALLS | 601 Main Street | ||||
7. | CENTERVILLE | 830 N. 18th Street | ||||
8. | CENTERVILLE | 401 W. Maple | ||||
9. | CHARITON | 335 N. Main | ||||
10. | CHEROKEE | 1200 N. Second Street | ||||
11. | CHEROKEE | 242 E. Main Street | ||||
12. | ELK RUN HEIGHTS | 5202 Lafayette | ||||
13. | ESTHERVILLE | 103 Central Avenue | ||||
14. | ESTHERVILLE | 1615 Central Avenue | ||||
15. | GARNER | 145 Highway 18 W. | ||||
16. | IOWA FALLS | 904 Washington | ||||
17. | MEDIAPOLIS | 208 Wapello Street | ||||
18. | SHELDON | 519 Second Avenue | ||||
19. | SHELDON | 504 Second Avenue | ||||
20. | ST. CHARLES | 209 E. Main Street | ||||
21. | STORM LAKE | 825 Flindt | ||||
22. | WASHINGTON | 304 E. Washington Street |
# # #