The law firm of Wohl & Fruchter LLP is investigating the proposed merger of Nash Finch Co. (Nash) (NASDAQ: NAFC) and Spartan Stores Inc. (Spartan) (NASDAQ: SPTN). On July 22, 2013, Nash and Spartan announced they had entered into an agreement under which the two companies will combine in an all-stock merger. Under the terms of the transaction, Nash shareholders will receive a fixed ratio of 1.20 shares of Spartan stock for each share of Nash stock they own. Upon closing, Spartan shareholders will own approximately 57.7% of the combined company and Nash shareholders will own approximately 42.3%. According to media reports, the merger agreement does not allow for a go-shop period, which would allow Nash to see if another company wants to make a better offer. Wohl & Fruchter’s investigation concerns the adequacy of the consideration being paid to Nash shareholders, and whether the board of directors of Nash breached their fiduciary duties to Nash shareholders by failing to adequately shop the company. Additional information is available at http://www.wohlfruchter.com/cases/nafc. Persons with relevant information, and Nash shareholders with questions about this investigation, are invited to contact our Firm by calling 866.833.6245, or contacting the attorney below. About Wohl & Fruchter Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners. This release may be deemed to constitute attorney advertising.
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