From Business Today:
Wilson Farms stores, the successful convenience stores that were spun off from Tops Markets, have become vital neighborhood stores in many neighborhoods. The Nanula family has run the stores with the hands-on focus that marked their early ownership of the Tops Friendly Market chain. Now it will be up to 7-Eleven Inc. and their franchisees to keep that local focus. Wilson Farms announced the 188-store chain is being sold to the 7-Eleven chain. The sale price was not released.
M&T Bank Corp. is paying back most of its TARP loans from the federal government. The bank was among the last to set a plan to repay the loans, after having been dragged into taking the loan program. The bank was healthy and didn't need the loans, but felt it would be a sign of weakness not to participate in the federal program.
Delaware North Corp., the Buffalo-based hospitality company, has bought a hotel and casino in Illinois, bringing to six the number of casino and slot machine parlors it owns. The 205-room Jumer's Casino & Hotel was purchased for $180 million. The purchase came soon after Delaware North agreed to stop managing the Queen Mary hotel in California.
Who is getting hired, promoted and honored?
Wison Farms becoming 7-11, M&T paying off TARP loans, and Delaware North buys a new casino...
April 28, 2011 - 9:33 AM
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