ANNUAL MEETING

LOS ANGELES -- A shareholder proposed buying Smart & Final from the U.S. subsidiary of its France-based parent company, during Smart & Final's annual meeting here last week.The shareholder, Robert Donahue, of La Jolla, Calif., said he is prepared to put a $20 million deposit into an escrow account with the intention, within 45 days, of buying Casino's shares at $10 a share -- well above the 8-5/16

LOS ANGELES -- A shareholder proposed buying Smart & Final from the U.S. subsidiary of its France-based parent company, during Smart & Final's annual meeting here last week.

The shareholder, Robert Donahue, of La Jolla, Calif., said he is prepared to put a $20 million deposit into an escrow account with the intention, within 45 days, of buying Casino's shares at $10 a share -- well above the 8-5/16 closing price of Smart & Final stock the day of the meeting.

Compan

Register to view the full article

test - Advanced Registered User

Already a member? .