JACKSON, Miss. -- Jitney Jungle Stores of America here said last week it has entered into a definitive agreement to acquire Delchamps, Mobile, Ala., for $30 per share, or close to $215 million. The transaction, which analysts said could boost efficiencies and margins for the two regional operators, is expected to be completed some time after Labor Day. The merger will result in a company of 223 stores in Alabama, Arkansas, Florida, Louisiana, Mississippi and Tennessee, with a combined ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister 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.