AWG TO BUY AFFILIATED FOOD STORES ASSETS

KANSAS CITY, Kan. -- Associated Wholesale Grocers here said last week it has signed a letter of intent to acquire the assets of Affiliated Food Stores, Tulsa, Okla.AFS will hold a series of meetings over the next few weeks with its members to explain the proposal and to vote on the transaction. Bob Rippley, AFS president and chief executive officer, told SN "it will probably take most of April" to

KANSAS CITY, Kan. -- Associated Wholesale Grocers here said last week it has signed a letter of intent to acquire the assets of Affiliated Food Stores, Tulsa, Okla.

AFS will hold a series of meetings over the next few weeks with its members to explain the proposal and to vote on the transaction. Bob Rippley, AFS president and chief executive officer, told SN "it will probably take most of April" to tally the votes of the co-op's 920 members.

"We have to reach the ones that do

Register to view the full article

test - Advanced Registered User

Already a member? .