by MBJ Staff Published: March 13,2012
Tags: acquisitions, food, groceries, grocery, grocery store, mergers, publicly traded company, retail, retailer, shareholders
JACKSONVILLE, Fla. — BI-LO, LLC has successfully completed its merger with Winn-Dixie Stores Inc. following approval of the transaction by Winn-Dixie shareholders March 9. All Winn-Dixie stockholders will be eligible to receive $9.50 per share in cash for each share of common stock held, for a total purchase price of $560 million. As a result [...] [...]
by MBJ Staff Published: February 6,2012
Tags: acquisitions, gorcery stores, grocers, investing, investment, investors, meeting, mergers, publicly traded company, shareholders, stock, vote
JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. will hold a special meeting of shareholders at Winn-Dixie’s headquarters in Jacksonville, Fla., March 9. The purpose of the meeting will be to, among other things, consider and vote on a proposal to approve the previously announced agreement and plan of merger, dated as of Dec. 16, 2011, pursuant [...] [...]
GULFPORT and NEW ORLEANS — At separate but concurrent special meetings, Hancock Holding Company shareholders and Whitney Holding Corporation shareholders voted in favor of the proposed merger of the two companies. This approval by both companies’ shareholders marks another milestone necessary for Whitney to merge with and into Hancock. Hancock and Whitney expect to close [...] [...]
GULFPORT — Hancock Holding Co.’s proposed buyout of its longtime Gulf Coast banking rival, New Orleans-based Whitney Holding Corp., will be judged today by shareholders of both companies. Separate shareholder meetings are scheduled to decide whether to go along with Hancock’s $1.5-billion stock-for-stock deal to acquire Whitney. Both groups have to approve. The companies also [...] [...]
RICHMOND, Va. — Troubled coal producer Massey Energy is preparing for a shareholder vote on corporate governance reforms. The vote is set for a special meeting Wednesday in Richmond. Shareholders are being asked to approve changes including declassifying Massey’s board of directors and eliminating a prohibition on stockholders requesting special meetings. Massey has made a [...] [...]