Marsh Gets Another Offer

May 30, 2006

Marsh Supermarkets has signed a definitive agreement to sell the chain for $11.25 a share to Sun Capital Partners. Whether it will now rethink that after having received an unsolicited bid for $13.625 per share in cash from Drawbridge Special Opportunities Advisors LLC and Cardinal Paragon Inc. remains to be seen.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.