MAULDIN, S.C. — The proposed $560 million acquisition of Winn-Dixie Stores by Bi-Lo here, announced Monday, is not a typical leveraged buyout, Randall Onstead, Bi-Lo's chairman, told SN on Monday after the deal was announced. Although he declined to go into specific detail about the structure of the transaction, he said Bi-Lo would have "strong" balance sheet going forward. "Bi-Lo doesn't have a lot of debt, but we will be assuming additional debt to do ...
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.