GRAND RAPIDS, Mich. -- Spartan Stores here is facing a stepped-up challenge from an investor group pushing for the sale of the company. Loeb Partners, New York, which has previously urged that Spartan be sold, is now attempting to get a pair of nominees elected to the company's board of directors at the distributor's annual meeting, which is scheduled for August. Loeb also hopes to effect a change in Spartan bylaws that would allow it to ask shareholders to vote on a proposal calling on ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.