GRAND RAPIDS, Mich. -- An institutional investor in Spartan Stores here said in a filing with the Securities and Exchange Commission that it wants the wholesaler/retailer to put itself on the auction block. "In our view, and for a number of reasons, Spartan should engage an investment banker to maximize shareholder value by selling the company," said New York-based Loeb Partners Corp. in the filing. Loeb also discouraged Spartan from expanding its retail store base. "The path we suggest is ...
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