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Kum & Go exploring strategic options

Photo: Chet Strange/Bloomberg via Getty Images

Kum & Go, a Des Moines, Iowa-based convenience store chain owned by the Krause family, could be exploring a sale of the business, among other options, that could value it at $2 billion, as reported by Reuters and confirmed by Axios.

Why it matters: As competition in the convenience store sector heats up, Kum & Go is likely to have several suitors. (Recall Iowa-based rival Casey's General Stores told Axios it plans to be an active acquirer.)

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