UWG to Pay $65 Million for AG-Seattle

Unified Western Grocers will pay approximately $65 million for the assets of Associated Grocers, Seattle, according to AG.

LOS ANGELES -- Unified Western Grocers here will pay approximately $65 million for the assets of Associated Grocers, Seattle, according to AG. The two companies announced plans to merge earlier this month, but did not disclose the price at that time. AG’s retail owners will have the option to become shareholders in Unified or to exit the cooperative and simply become customers of the distributor. Industry sources told SN the merger will proceed in three phases: Phase One involves due diligenc

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