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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.

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Company Name: 
Core Mark Holding Co Inc
Stock buyback: 
CORE buyback
Grocery & Drug Stores
Number of ETFs Holding CORE: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the CORE Page at The Online Investor (in a new window) »

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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Department Stores M&A - Slide 24 of 27 Page |

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