AP released a story today about Winn Dixie being acquired by Bi-Lo for $560 million.
Here's a portion of the article:
The supermarket chain Winn-Dixie is being sold for $560 million to Bi-Lo, the companies said Monday, creating a large grocery operator in the South.
The combined company will have about 690 stores and 63,000 workers in eight states in the southern U.S. Winn-Dixie Stores will become a privately held subsidiary and its ticker will be removed from the Nasdaq.
Each Winn-Dixie stockholder gets $9.50 per share in cash, a 75 percent premium to the Jacksonville, Fla. company's Friday closing stock price.
Bi-Lo, based in Greenville, S.C., runs 207 supermarkets in North Carolina, South Carolina, Georgia and Tennessee.
Winn-Dixie runs about 480 grocery stores, including approximately 380 in-store pharmacies, in Florida, Alabama, Louisiana, Georgia and Mississippi. It has about 46,000 employees.
SO WHAT DOES THIS MEAN FOR COUPONERS?
BI-LO is very similar to Winn Dixie in terms of Make a Meal and What a Deal offerings. They also have buy one get one free sales.
The good thing is that offer a rewards card and they have a clear coupon policy.
They also offer FueylPerks like Winn Dixie.