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Article: Tender offer commences for Tops Markets.
- Article from:
- PR Newswire
- Article date:
- June 11, 1987
CopyrightCOPYRIGHT 1987 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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TENDER OFFER COMMENCES FOR TOPS MARKETS
BUFFALO, N.Y., June 11 /PRNewswire/ -- Tops Markets, Inc. (NASDAQ-NMS: TPPS) and Riordan Freeman & Spogli announced today that RFS Buffalo Acquisition Corporation, a newly formed corporation organized by RFS, will commence a previously announced tender offer today for all outstanding shares of common stock of Tops Markets, Inc., at a cash purchase price of $33.50 per share.
The board of directors of Tops Markets, Inc. has approved the offer and recommends that stockholders accept the offer and tender their shares.
The offer is being made solely by the offer to purchase dated June 5, 1987, and the ...