M&A - SpartanNash Co
Form Type: PREM14A
Filing Date: 2025-07-18
Corporate Action: Merger
Type: New
Accession Number: 000110465925069059
Filing Summary: SpartanNash Company has filed a preliminary proxy statement and is convening a special meeting for shareholders to discuss and vote on a proposed Merger with New Mackinac HoldCo, Inc., Mackinac Merger Sub, Inc., and C&S Wholesale Grocers, LLC. The Merger Agreement, dated June 22, 2025, stipulates that SpartanNash will continue as a wholly-owned subsidiary of Parent following the merger. Shareholders holding common stock at the record date will vote on the Merger, which offers a cash consideration of $26.90 per share, representing a 52.5% premium over the closing share price on June 20, 2025. The Board has unanimously approved the agreement, recommending shareholders vote in favor of the merger and related proposals, including non-binding compensation to executives and the adjournment of the meeting as necessary. No dissenters’ or appraisal rights are available to shareholders regarding the merger. The special meeting is to be held virtually on an unspecified date, and specific instructions for proxy voting are provided to ensure all shareholders can participate.
Additional details:
Meeting Date: 2025-07-18
Merger Agreement Date: 2025-06-22
Merger Cash Price: 26.90
Premium Percentage: 52.5
Record Date: TBD
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