acquisition

Retail
Rent-A-Center To Purchase Merchants Preferred

Weeks after settling litigation related to a purchase deal, Rent-A-Center has entered into a definitive agreement to acquire substantially all of the assets of C/C Financial Corp., which does business as Merchants Preferred, a nationwide provider of virtual rent-to-own services.

Retail
Stop & Shop To Acquire King Kullen

Stop & Shop has agreed to acquire King Kullen Grocery Co., Inc. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores and the use of its corporate office located in Bethpage, NY.

Retail
Lidl To Acquire Best Market

Lidl U.S. plans to expand its market footprint with the acquisition of Best Market. The agreement includes 27 Best Market stores in New York and New Jersey.

Retail
UNFI Completes Supervalu Acquisition

United Natural Foods has completed the previously announced acquisition of Supervalu for $32.50 per share in cash, or $2.9 billion, including the assumption of outstanding debt and liabilities.

Retail
CVS Acquisition Of Aetna Moves Forward

As CVS reported that the U.S. Department of Justice will allow it to proceed with its pending acquisition of Aetna, the company also added new board directors and management in anticipation of the merger closing. 

Retail
Bluestar Wins Bid To Buy Brookstone

Bluestar Alliance has been selected as the winning bidder for the Brookstone intellectual property and related assets after a recent auction process. Bluestar said its bid includes cash and other consideration in excess of $80 million.

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