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Stop Shop Companies Inc

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BUSINESS
March 29, 1996 | From Associated Press
Royal Ahold expanded its U.S. supermarket presence Thursday in a surprising $2.9-billion deal to buy its sixth chain--Stop & Shop, the biggest grocery retailer in New England. The proposed merger, which requires regulatory approval, would make Amsterdam-based Royal Ahold one of the top five supermarket operators in the United States. The company already owns Tops, Finast, Edwards, Giant Food Stores and Bi-Lo.
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BUSINESS
March 29, 1996 | From Associated Press
Royal Ahold expanded its U.S. supermarket presence Thursday in a surprising $2.9-billion deal to buy its sixth chain--Stop & Shop, the biggest grocery retailer in New England. The proposed merger, which requires regulatory approval, would make Amsterdam-based Royal Ahold one of the top five supermarket operators in the United States. The company already owns Tops, Finast, Edwards, Giant Food Stores and Bi-Lo.
BUSINESS
March 1, 1988 | Associated Press
Stop & Shop Cos. announced Monday that it has agreed to be acquired in a $1.23-billion leveraged buyout by the investment firm Kohlberg Kravis Roberts & Co., but Dart Group Corp. said the news will not deter its attempt to gain control of the retailer. Stop & Shop said a Kohlberg Kravis subsidiary, SSC Holdings Corp., will purchase at least 66% of the 28 million outstanding Stop & Shop shares at $44 each. If all outstanding shares were purchased, the leveraged buyout would total $1.23 billion.
BUSINESS
March 1, 1988 | Associated Press
Stop & Shop Cos. announced Monday that it has agreed to be acquired in a $1.23-billion leveraged buyout by the investment firm Kohlberg Kravis Roberts & Co., but Dart Group Corp. said the news will not deter its attempt to gain control of the retailer. Stop & Shop said a Kohlberg Kravis subsidiary, SSC Holdings Corp., will purchase at least 66% of the 28 million outstanding Stop & Shop shares at $44 each. If all outstanding shares were purchased, the leveraged buyout would total $1.23 billion.
BUSINESS
April 24, 1996
Bergen Brunswig Corp. said Tuesday that the pharmaceutical company has been selected as the sole supplier for Ahold USA, one of nation's largest food retailers. Ahold, a subsidiary of Netherlands-based Royal Ahold, operates more than 650 food stores in the United States under the names Bi-Lo, Edwards, Finast, Giant Food Stores, and Tops. About a third of the stores have full-service pharmacies. Royal Ahold announced recently that it plans to acquire Stop & Shop Companies, Inc.
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