GRAND RAPIDS, Mich., May 02, 2022--(BUSINESS WIRE)--Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today issued the following statement commenting on the press release issued by Macellum Advisors GP, LLC and Ancora Holdings Group, LLC ("Macellum" and "Ancora," respectively, and together, the "Investor Group"):
The Investor Group’s press release issued today is full of false and misleading statements.
In particular, the Investor Group claims that Doug Hacker, our Chair of the Board, and Tony Sarsam, our CEO, did not respond to their outreach – this is an outright lie. In fact, we did respond, and here is what Mr. Hacker sent directly to Jonathan Duskin, CEO of Macellum, on April 29, 2022:
From: Douglas Hacker
Sent: Friday, April 29, 2022 4:46 PM
To: Jonathan Duskin
Cc: Tony Sarsam; Aaron Goldstein
Subject: Macellum - update call
Hi Jonathan,
Thank you for your note. The SpartanNash Board takes its fiduciary responsibilities very seriously. As we have stated publicly, we are open to hearing any ideas – from any source – that would be beneficial to our shareholders.
If you have had conversations with credible parties that would be interested in a transaction, we encourage you to have them reach out to us directly – as would be typical for the situation. I can assure you that the Board will act promptly and appropriately to assess the attractiveness and credibility of any such outreach.
If you have other pertinent details regarding these conversations,...
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