Food Industry
Industry: Email Alert RSS FeedDelhaize America Inc
Food & Drink Weekly, Dec 4, 2000
Delhaize "Le Lion" SA raised its bid to buy out the 55 percent of Delhaize America Inc. it does not already own, placating U.S. shareholders who had complained that the Belgian mass grocer's original offer was too low. Bill McCanless, CEO of Delhaize America, and Hugh Farrington, Delhaize America's vice chairman, will both join Delhaize's board once the buyout is completed.
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