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 [...] [...]
ACROSS MISSISSIPPI — The Kroger Co. is recalling select containers of Kroger Deluxe Chocolate Paradise Ice Cream sold in 17 states, including Mississippi, because it may contain tree nuts not listed on the label. Customers should return the product to stores for a full refund or replacement. People who are allergic to tree nuts could [...] [...]
NEW ALBANY — Imperial Trading Co. of Elmwood, La., has acquired Union Grocery, a grocery distributor founded in 1952 in New Albany. Terms of the deal were not disclosed. ITC spokesman Keith Beba said Union Grocery would operate as a division of ITC. He said the 45 employees will remain with the company. Beba says [...] [...]
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