LOS ANGELES -- Unified Western Grocers here will pay approximately $65 million for the assets of Associated Grocers, Seattle, according to AG. The two companies announced plans to merge earlier this month, but did not disclose the price at that time. AG’s retail owners will have the option to become shareholders in Unified or to exit the cooperative and simply become customers of the distributor. Industry sources told SN the merger will proceed in three phases: Phase One involves due ...
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 complimentary access to the SN salary survey data tables.
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.