RIDGEWOOD, N.Y. -- Western Beef here said it has cleared one of the final hurdles in its year-long effort to go private. ast year, Cactus Acquisition -- a company formed by Peter Castellana Jr., Western Beef president, and his family -- offered to buy the 28.4% of Western Beef stock it did not own for $7.50 per share. One shareholder objected, filed suit in Delaware Chancery Court and then settled when the company raised its price $1.25 per share. The deal will cost Western Beef an ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

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.