GRAND RAPIDS, Mich. — Spartan Stores here last week agreed to acquire the 17-store VG's Food and Pharmacy chain, considered one of the premier independent operators in Michigan.
The $85 million, all-cash purchase is expected to close by the end of the current fiscal quarter. VG's is Spartan's own largest wholesale customer.
In a conference call discussing second-quarter earnings, also announced last week, Spartan's new chief executive officer, Dennis Eidson, said the VG's business was a ...
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