Bi-Lo buys Winn-Dixie and takes them private
RichC | December 19, 2011
For those living south of the Mason-Dixon line, a big merger occurred today with the grocery chain Bi-Lo purchasing the larger Winn-Dixie Stores for $560 million. (link) The smaller privately own company purchased the 480 store Winn-Dixie chain and included 380 pharmacies as well. The news bump the share price up 70% with the $9.50/share […]