CST Brands, Inc., through its subsidiaries, operates as an independent retailer of motor fuel and convenience merchandise items in the United States and eastern Canada. The company's retail operations include sale of motor fuel at convenience stores, commission agents, and cardlocks; food, merchandise items, and services at convenience stores; and heating oil to residential customers, as well as heating oil and motor fuel to small commercial customers. As of December 31, 2015, it owned and operated 1,049 convenience stores located in Arkansas, Arizona, California, Colorado, Louisiana, New Mexico, New York, Oklahoma, Texas, and Wyoming; and 869 retail sites located in New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, and Quebec, which consisted of 303 company operated convenience stores, 494 commission agents, and 72 cardlocks; and 1,075 retail sites located in Pennsylvania, New Jersey, Ohio, New York, Massachusetts, Kentucky, New Hampshire, Maine, Florida, Georgia, North Carolina, Maryland, Delaware, Tennessee, Virginia, Illinois, West Virginia, Minnesota, Michigan, Wisconsin, South Dakota, Indiana, Rhode Island, Colorado, and Texas. The company also provides other products and services, including car wash, lottery, money orders, air/water/vacuum services, video and game rentals, and access to automated teller machines. CST Brands, Inc. offers its products under the Cibolo Mountain, Corner Store, Fresh Choices, Flavors2Go, U Force, Ultramart, Depanneur du Coin, Valero, Diamond Shamrock, Ultramar, Nice N Easy Grocery Shoppe, Mama Mia's Classic Pizza, Easy Street Eatery, and Transit Cafe names. The company is headquartered in San Antonio, Texas.
Yep, better hold onto your seats in this one! Almost like DRYS . Process is along the same lines as TEN - strong fundamentals and holding as long as there is market strength.
CST is being acquired from the looks of this article and confirmed by the chart behavior that has basically flat lined since the August announcement. http://www.marketwatch.com/story/co...st-brands-for-just-under-4-billion-2016-08-22
I have not researched this, but what happens to those that are holding shares if/when this deal goes through?