Susser Holdings, the largest independent convenience store operator and non-refining motor fuel distributor in Texas, announced the terms for its IPO on Thursday. The Corpus Christi based company plans to offer 6 million shares at a range of $16-$18, giving it a proposed market cap of $288 million. Merrill Lynch, JP Morgan, Jefferies & Co. and Morgan Keegan & Co. are managing the deal. Timing has yet to be announced.
