COLTON, Calif. -- Stater Bros. Holdings, parent company of Stater Bros. Markets here, has completed its purchase of voting control of its stock from Craig Corp., Los Angeles, which had acquired 50% of the chain's shares. ing the stock outright. Under the purchase agreement, La Cadena Investments, which is controlled by Stater management and which owns 50% of the chain's stock, paid Craig $42 million to gain immediate voting control of Craig's portion of the stock. Stater has a long-term ...
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.
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.