BI-LO will acquire all the outstanding shares of Winn-Dixie (WINN) for $9.50/share, a ~75%...

|About: Winn-Dixie Stores, Inc. (WINN)|By:, SA News Editor

BI-LO will acquire all the outstanding shares of Winn-Dixie (WINN) for $9.50/share, a ~75% premium over Winn-Dixie's closing price on Friday. The merged company will have approximately 690 stores and 63,000 employees. (PR)