WAYNE, N.J. -- A Swiss-based financial institution that provided some of the money that helped Grand Union Co. here emerge from bankruptcy last year is now looking to reconfigure the supermarket company's board of directors with a goal of having the company pursue a merger or sale more aggressively. UBS AG, Zurich, Switzerland, which owns 8.1% of Grand Union stock, has filed a Schedule 13D with the Securities and Exchange Commission that says the Swiss bank is seeking consent agreements ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
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.