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Department Stores M&A image Department Stores M&A » By The Online Investor Staff, updated Tue., Apr. 20, 2:35 AM Recent mergers and acquisitions in the Department Stores M&A category.

Slide #24. Core-Mark Holding Company, Inc. J.T. Davenport & Sons, Inc.

Acquirer: Core-Mark Holding Company, Inc. (NASDAQ:CORE)
Acquiree: J.T. Davenport & Sons, Inc.
Details: Core-Mark Holding Company, Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced today that it has signed a Definitive Stock Purchase Agreement to acquire J.T. Davenport & Sons, Inc. (Davenport) located in Sanford, North Carolina. The transaction is structured as an all-cash stock acquisition pursuant to which Davenport will become a wholly-owned, indirect subsidiary of Core-Mark.

Core-Mark Holding Company is a wholesale distributor to the convenience retail industry, providing sales, marketing, distribution and logistics services to customer locations across the United States and Canada. Co. purchase a variety of brand name and private label products from suppliers and manufacturers. Co. purchases cigarette products from main United States and Canada manufacturers. Co. provides customers a variety of food/non-food products, including, candy, snacks, groceries, food, including fresh products, dairy, bread, beverages, other tobacco products, alternative nicotine products, general merchandise, and health and beauty care products.

CORE SEC Filing Email Alerts Service


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Company Name: 
Core Mark Holding Co Inc
Stock buyback: 
CORE buyback
Website: 
www.core-mark.com
Sector: 
Grocery & Drug Stores
Number of ETFs Holding CORE: 
53
Total Market Value Held by ETFs: 
$476.43M
Total Market Capitalization: 
$1.95B
% of Market Cap. Held by ETFs: 
24.42%
 

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Quotes delayed 20 minutes



Buy (3.25 out of 4)
42nd percentile
(ranked lower than approx. 58% of all stocks covered)

Analysts' Target Price:
CORE Stock Forecast

Based on Zacks ABR data;
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