COPPELL, Texas — Shareholders of regional discounter Alco Stores Inc. have rejected a proposed merger with Mallard Parent LLC and M Acquisition Corp.
Shareholders of regional discounter Alco Stores Inc. have rejected a proposed merger with Mallard Parent LLC and M Acquisition Corp.
Since the merger agreement failed to win the approval of a majority of shareholders, it has been terminated.
Company says the moves follow a productive engagement with Glenview Capital Management.
Greg Bradley will assume the two-year appointment as Board Chair in March 2025, when current CHPA Board Chair, Lisa Paley, president of Haleon’s North America Region, concludes her term.
Makeup, the largest category within the prestige segment, grew by 5% in both dollars and units sold.
Retailer recognized for its bettergoods, Clear American, Equate, Great Value, Marketside and Vibrant Life brands.
