Corporate News

Corporate news affecting the convenience store industry

Offer violated agreement with Sun Capital

INDIANAPOLIS -- Marsh Supermarkets Inc.'s board of directors on Monday took action under its merger agreement with MSH Supermarkets Holding Corp., an affiliate of private investment fund Sun Capital Partners Group IV LP, to reject the higher offer from a second bidder to take over the financially...

NACS reported record year 2005 sales and profits for the convenience store industry during the 2006 State of the Industry Summit in partnership with CSP.

NEW YORK -- NACS reported record year 2005 sales and profits for the convenience store industry during the 2006 State of the Industry Summit in partnership with CSP. And as we hit midyear 2006, it's worth asking: Will those same trends continue for a second year? Though too soon to predict how 2006...

Death comes just two weeks after retirement announcement

GOLDSBORO, N.C. -- Wesley Spear, operations manager for Jeffreys Cabinet Co. in Goldsboro, N.C., has passed away, just two weeks after he announced his retirement effective May 31, 2006. Jeffreys is a designer and supplier of equipment for convenience stores, delis, dairies and restaurants for the...

Brings deep retail experience to business development task
An exclusive CSP slide show of retailer dispatches from the Gulf Coast
Acosta Sales & Marketing Co. has signed a definitive agreement for an equity investment by AEA Investors, a New York City-based private equity investment firm.
High energy costs beginning to stunt economic growth, he says
Eric Mettemeyer has been promoted to the position of CFO at Euronet Worldwide Inc.'s U.S. Prepaid and Money Transfer divisions (PaySpot & Veloz, respectively).
Elk Grove unit one of 10 expected to open this year
Retail construction serviced division merges with Diamond Z Engineering

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