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Article: Grand Central Inc. acquired by Fred Meyer Inc.
- Article from:
- PR Newswire
- Article date:
- June 27, 1984
CopyrightCOPYRIGHT 1984 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SALT LAKE CITY, June 27 /PRNewswire/ -- At a shareholders meeting today at the offices of Grand Central Incorporated (Salt Lake City) the board of directors announced completion of a merger where Grand Central Inc. has been acquired by Fred Meyer, Inc. (through F.M. Acquisition Corporation, an indirect, wholly owned subsidiary of Fred Meyer, Inc. -- the Portland, Ore. based retailer). Completion of the merger means Fred Meyer will acquire 100 percent equity ownership of Grand Central.
The announcement of confirmation of the merger followed the completion of a tender offer where F.M. Acquisition Corp. purchased 2,171,263 shares ...