SUPERMARKETS GENERAL HOLDINGS CORP., Carteret, N.J., parent company of Pathmark Stores, also of Carteret, said last week it has won court approval of a $10 million settlement, which was disclosed in May, that resolves a class-action lawsuit by preferred shareholders upset by the company's pending sale of Pathmark to Netherlands-based Ahold. Under terms of the settlement, preferred shareholders will get $40.25 per share -- $2 more than common shareholders will get -- less legal fees, which ...

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 a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.