SPARTAN INVESTOR PULLS NOMINATIONS

GRAND RAPIDS, Mich. -- Loeb Partners, the New-York-based investment firm that has been pushing for Spartan Stores here to sell itself, has reduced its stake significantly in the wholesaler and withdrawn its nominations to Spartan's board of directors.In a filing with the Securities and Exchange Commission, Loeb said that "in light of the recent movement of [Spartan's] stock price," it has withdrawn

GRAND RAPIDS, Mich. -- Loeb Partners, the New-York-based investment firm that has been pushing for Spartan Stores here to sell itself, has reduced its stake significantly in the wholesaler and withdrawn its nominations to Spartan's board of directors.

In a filing with the Securities and Exchange Commission, Loeb said that "in light of the recent movement of [Spartan's] stock price," it has withdrawn the nominations of Eugene Davis and Timothy Bernlohr for election to the board.

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