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Fresh Market (TFM -4.9%) slides after the high-end grocer announces a 10M-share secondary...
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Monday, June 11, 2012, 10:53 AM ETFresh Market (TFM -4.9%) slides after the high-end grocer announces a 10M-share secondary offering of its common stock worth ~$525M by members of the founding Berry family. Following the sale, the family will own 21% of TFM's outstanding shares. TFM won't get any of the proceeds from the secondary offering.
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