BI-LO completes acquisition of Winn-Dixie stores
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 [...] [...]
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