m_and_a
confidence high
sentiment neutral
materiality 1.00
SpartanNash to be acquired by C&S Wholesale Grocers for $26.90 per share in cash
SpartanNash Co
- Acquisition price of $26.90 per share in cash; equity financing of $903M and debt financing of up to $1B.
- Transaction expected to close in Q4 2025, subject to shareholder and regulatory approvals (HSR Act).
- Company termination fee of $35.4M; Parent termination fee of $55M for regulatory failure, $50M for failure to close.
- Board unanimously approved and recommends shareholders vote in favor.
- Common stock will be delisted from Nasdaq upon completion.
item 1.01item 9.01