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Stock Market & Financial Investment News

News Breaks
August 20, 2014
16:12 EDTCSTCST Brands to acquire Nice N Easy Grocery Shoppes
CST Brands signed a definitive agreement to acquire the convenience store assets, franchisor rights and associated trademarks of Nice N Easy Grocery Shoppes. Based in Canastota, NY, Nice N Easy operates 77 corporate and franchise stores in Central New York. The acquisition will provide entry into a new geographical territory for CST Brands. The transaction is expected to close early in Q4. Terms of the transaction were not disclosed.
News For CST From The Last 14 Days
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March 27, 2015
09:18 EDTCSTCrossAmerica CEO Topper to retire September 30
CST Brands (CST) and CrossAmerica Partners (CAPL) announced that Joe Topper, the CEO and president of CrossAmerica, has decided to retire as CEO effective September 30. In order to ensure a smooth leadership transition, Topper will resign as president of CrossAmerica effective immediately and Jeremy Bergeron, who served as CST Brands’ SVP of Integration and Development Operations, has been named CrossAmerica’s president. Topper will continue the day-to-day management of CrossAmerica until September 30th. Bergeron will report to Topper until Topper retires as CEO. Topper will also continue to serve on the boards of both CrossAmerica and CST Brands after he formally steps down as CEO. David Hrinak, CrossAmerica’s current EVP and COO, will continue in his role and report directly to Bergeron.

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