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The Nash Finch Company, formerly a Fortune 500 company based in Edina, Minnesota, United States, was involved in food distribution to private companies, primarily independent supermarkets, and military commissaries and retail operations stores operations. Spartan Stores announced its acquisition of Nash Finch in a $1.3 billion stock-swap in 2013.
SpartanNash Company (formerly Spartan Stores, Nash Finch) is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. [2] The company's core businesses include distributing food to independent grocers, military commissaries, and corporate-owned retail stores in 44 states, Europe, Latin America, and the Middle East.
Spartan Stores and Nash Finch to Combine to Create One of the Leading Grocery Wholesale and Retail Operators in the U.S. Brings Together Two Highly Complementary Organizations with Industry ...
Under the terms of the all stock-for-stock merger agreement, Nash Finch shareholders will receive a fixed ration of only 1.20 shares of Spartan Stores stock for each share of Nash Finch stock owned.
The company was acquired by Spartan Stores in August 2000. [3] At the time of the merger with Spartan, the company operated 47 Food Town supermarkets and 26 The Pharm deep-discount drugstores. [3] In 2003 Spartan Stores sold or closed all 39 of the Food Town stores. [3] [4]
The waiting period for Spartan Stores' merger with Nash Finch under the Hart-Scott-Rodino Antitrust Improvements Act, or HSR, expired on September 3, the companies jointly announced today ...
Family Fare. Family Fare is an American supermarket chain. It was founded in 1966 in Holland, Michigan, and acquired by Don Koop in 1973. The chain was largely located in central-western Michigan for most of its history, with stores in Holland and the Grand Rapids area. It has been owned by SpartanNash (formerly Spartan Foods) since the 1980s.
Margins matter. The more Spartan Stores (NAS: SPTN) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.