Bi-Lo Holdings, parent of Winn-Dixie and Bi-Lo, pulls IPO
SEAFOODNEWS.COM [Supermarket News] By Jon Springer - August 21, 2014 -
Bi-Lo Holdings, parent of the Winn-Dixie and Bi-Lo chains, told federal securities regulators this week that it was withdrawing plans for a public offering of its stock.
The company, which had submitted a registration statement under the name Southeastern Grocers for an IPO almost 11 months ago, had not updated that information since last November. The Securities and Exchange Commission had yet to declare its registration effective.
Its withdrawal statement to the SEC said only that the company “has determined not to pursue the contemplated public offering at this time.
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