INDIANAPOLIS - Marsh Supermarkets here said last week it had rejected a proposal for a buyout at $13.625 per share, even though it was $2.50 per share more than a previous bid. Investors seemed to expect offers higher than the $11.125 per share it has agreed to accept from Sun Capital Partners, Boca Raton, Fla., however, as the company's share price continued trading at more than $12 per share after it rejected the higher offer. The second bid values the company at about $108 million, vs. ...

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