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Alco Stores’ proposed merger fails to win votes

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.

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