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06/11/2010 07:35:00 PM EST

Casey's stores says Couche-Tard manipulated market

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Corporate and Securities Law Community Staff

ANKENY, Iowa-(AP) Convenience store operator Casey's General Stores Inc. has sued Alimentation Couche-Tard, saying the Canadian company violated U.S. securities laws by manipulating Casey's stock price during a takeover effort.

Couche-Tard bid $1.9 billion for the company in April, which Casey's dismissed as too low and not in its best interest. Couche-Tard…

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