Brief: Village Super Market Named A Successful Bidder In Bankruptcy Auction To Acquire Certain Assets Of Fairway

Village Super Market

31/03/2020 23:20

March 31 (Reuters) - Village Super Market Inc  VLGEA.O :
    * VILLAGE SUPER MARKET, INC. NAMED A SUCCESSFUL BIDDER IN
THE
BANKRUPTCY AUCTION TO ACQUIRE CERTAIN ASSETS OF FAIRWAY
    * VILLAGE SUPER MARKET INC - AGREED TO PAY $76.0 MILLION FOR
FAIRWAY ASSETS
    * VILLAGE SUPER MARKET - VILLAGE'S CASH PURCHASE PRICE WILL
BE
REDUCED BY $2.1 MILLION CREDIT ARISING FROM BREAKUP OF VILLAGE'S
INITIAL "STALKING HORSE" BID

Source text for Eikon:  ID:nGNXc4d5nn 
Further company coverage:  VLGEA.O 

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