C&S Wholesale Grocers and SpartanNash have entered into a definitive merger agreement, which was unanimously approved by the boards of directors of both companies. C&S will acquire SpartanNash for a purchase price of $26.90 per share of SpartanNash common stock in cash, representing total consideration of $1.77 billion, including assumed net debt. The transaction price represents […]
Tag: grocery merger
Posted inCorporate Store News, National, News, The Kroger Co.
Kroger Files Legal Response, Levels Counterclaims Against Albertsons
The Kroger Co. has filed an answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December. The court filing that Kroger issued stated that while “[it] was working diligently to seek regulatory approval and […]