GRAND RAPIDS, Mich. (WOOD) — Michigan-based SpartanNash is set to be sold at the end of this year, it announced Monday.
The grocery store chain is set to be sold to C&S Wholesale Grocers in a $1.77 billion deal, SpartanNash said in a release. Shareholders will receive $26.90 per share.
“We are energized by the opportunities this combination provides for our Associates and customers,” SpartanNash President and CEO Tony Sarsam said in the release. “With our organizational values in close alignment, there will be exciting new career opportunities for our people and a continued commitment to a People First culture.”…