TITLE

Marsh's fate to be determined

AUTHOR(S)
McTaggart, Jenny
PUB. DATE
May 2006
SOURCE
Progressive Grocer;5/15/2006, Vol. 85 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the strategic business plan of retailer Marsh Supermarkets Inc. The Indianapolis, Indiana-based regional retailer said that it had signed a letter of intent to be acquired for $11.125 per share by an affiliate of Sun Capital Partners, in April 2006. Following the announcement, speculation about who might take over the reins from the Marsh family centered on Ron Marshall, former CEO at Minneapolis, Minnesota-based distributor Nash Finch.
ACCESSION #
21150791

 

Related Articles

  • Changes Likely in Store for Marsh Under New Ownership. Springer, Jon // SN: Supermarket News;5/1/2006, Vol. 54 Issue 18, p1 

    The article reports on the changes associated with the possible acquisition of Marsh Supermarkets by Sun Capital Partners. According to sources, Ron Marshall, the former chief executive officer of Nash Finch, Minneapolis, would be named to a top executive position at Marsh. It is also expected...

  • Marsh generosity destined to end?  // Indianapolis Business Journal;5/8/2006, Vol. 27 Issue 9, p10 

    The article reports on the plan of Sun Capital Partners Inc. to acquire Marsh Supermarkets Inc. in Indianapolis, Indiana. Some people are concern with the impact of the acquisition on the company's generosity to the community. Others question its ability to remain as the dominant grocer in the...

  • Fresh Start For Marsh Supermarkets.  // Chain Store Age;Jun2006, Vol. 82 Issue 6, p17 

    The article reports on the acquisition of Marsh Supermarkets by private-equity firm Sun Capital Partners. The firm agreed to buy the supermarket and convenience store chain for $88 million. According to Gary Talarico, managing director of Sun Capital, they see tremendous potential in the...

  • Customer-service guru O'Malia latest grocery-war victim. Andrews, Greg // Indianapolis Business Journal;10/30/2006, Vol. 27 Issue 34, p4A 

    The article looks at the 44-year career of Danny O'Malia as chief customer officer of Marsh Supermarkets Inc. and president of Marsh's eight-store O'Malia's grocery chain in Indianapolis, Indiana. O'Malia's career with Marsh will end in October 2006 following Marsh's acquisition by Sun Capital...

  • Marsh closing 10 percent of grocery stores. Donhardt, Tracy // Indianapolis Business Journal;10/30/2006, Vol. 27 Issue 34, p47A 

    The article reports that Marsh Supermarkets Inc. will close 12 of its grocery stores in order to improve its profitability and finances. The 12 stores represent ten percent of the total number of Marsh stores. Five of the stores are located in Indianapolis, Indiana. Florida-based Sun Capital...

  • Lazaran Has Challenges at Marsh. Zwiebach, Elliot; Hamstra, Mark // SN: Supermarket News;10/2/2006, Vol. 54 Issue 40, p6 

    The article announces that Boca Raton, Florida-based Sun Capital Partners completed the acquisition of Indianapolis, Indiana-based Marsh Supermarkets and named industry veteran Frank Lazaran as the new CEO. Lazaran was the president and CEO of Winn-Dixie Stores in Jacksonville, Florida, for a...

  • Marsh Cannot Consider New Bid.  // SN: Supermarket News;8/7/2006, Vol. 54 Issue 32, p6 

    The article reports on the ruling by Hamilton Superior Court in Indianapolis, Indiana that Marsh Supermarkets may not pursue additional offers to buy the company without violating its agreement to be acquired by an affiliate of Sun Capital Partners. The supermarket chain had filed suit seeking...

  • Marsh trading surged before sale announcement.  // Indianapolis Business Journal;5/8/2006, Vol. 27 Issue 9, p13 

    The article reports on the acquisition of Marsh Supermarkets Inc.(MSI) by Boca Raton Florida-based Sun Capital Partners in the U.S. Due to trading volume shot up MSI settled for an 88 million dollars buy-out. However, the move has caused a controversy that required a thorough investigation from...

  • Sun draining Marsh excess. Schouten, Cory // Indianapolis Business Journal;3/5/2007, Vol. 27 Issue 53, p3 

    The article reports that Florida-based private equity firm Sun Capital Partners, which acquired Marsh Supermarkets Inc. in 2006, is selling some of Marsh properties which include closed stores, outlots and retail buildings. Analysts say that the sale is part of an effort by Sun to cash out...

  • A Marsh without Marshes? Expect family to exit soon. Andrews, Greg // Indianapolis Business Journal;9/18/2006, Vol. 27 Issue 28, p4A 

    The article reports on the buyout deal between Marsh Supermarket Inc. and Sun Capital Partners Inc. in Fishers, Indiana. On the completion of the deal, Sun will install its own leadership. Chairman and CEO Don Marsh is already anticipating his exit in the company. Marsh Supermarket's...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics