In this section of the Food Lion News Room, you'll find our latest press releases. The releases are listed in chronological order, and are also sortable by category. Please don't hesitate to contact our Media Relations Team with any questions.
Delhaize America Inc. (NYSE: DZA)(NYSE: DZB) announced today that it has
finalized proration calculations in its acquisition of Hannaford Bros.
Under the terms of the acquisition, total consideration for the deal
must approximate 86 percent cash and 14 percent class A Delhaize America
stock. Because the cash election was over-subscribed, shareholders who
elected cash will receive a pro-rated combination of stock and cash.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) and Hannaford Bros. Co.
(NYSE: HRD) have received approval from the Federal Trade Commission to
proceed with the pending acquisition of Hannaford by Delhaize America.