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Wisconsin · WisconsinFestival Foods, the Wisconsin-based grocery chain, has been purchased by the parent company Schnucks, a Midwest-based supermarket chain, according to a press release from Festival.According to the release, Todd Schnuck, Chairman and CEO of Schnuck Markets, Inc., announced the 1939 Group, Inc.s definitive agreement to purchase 100% of the shares of the Wisconsin-based parent company of Skogens Festival Foods and Hometown Grocers, Inc.The 1939 Gro…See the Story
Festival Foods Sold to St. Louis-Based Supermarket Chain
80% Center coverage: 15 sources
United States · United StatesIn a strategic move that has drawn attention from investors and analysts alike, Performance Food Group Company (PFG) recently announced its entry into a clean team agreement with US Foods Holding Corp. This important information-sharing arrangement allows both companies to evaluate regulatory considerations and potential synergies related to a possible business combination. The agreement marks a significant step in PFG's ongoing strategy to expl…See the Story
