C&S Wholesale To Acquire SpartanNash In Bid To Take On Grocery Giants
1. C&S Wholesale Grocers to acquire SpartanNash for $1.77 billion deal. 2. The deal offers a 52.5% premium on SpartanNash's stock. 3. Combined company will boost supply chain efficiency across 60 distribution centers. 4. Merger aims to enhance competitive position against larger grocery chains. 5. The transaction is expected to close in late 2025.