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Arden Group, Inc., Parent of Gelson’s Markets, Announces Definitive Agreement to Be Acquired by TPG for $126.50 Per Share in Cash

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Arden Group, Inc., Parent of Gelson’s Markets, Announces Definitive Agreement to Be Acquired by TPG for $126.50 Per Share in Cash Powered By Docstoc
					
				
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posted:12/21/2013
language:Japanese
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Description: LOS ANGELES--(BUSINESS WIRE)--Arden Group, Inc. (Nasdaq:ARDNA) (“Arden Group” or the “Company”), parent of Gelson’s Markets, an operator of 17 distinctive, full service specialty grocery stores in Southern California, announced today that it has entered into a definitive agreement to be acquired by TPG, the global private investment firm, in an all cash transaction valued at approximately $394 million. Under the terms of the agreement, Arden Group’s shareholders will receive $126.50 per share i
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