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Winn-Dixie to Go Private in $560M Deal With BI-LO

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  • Description

    FBN’s Robert Gray on BI-LO’s $560 million deal to buy Winn-Dixie.

  • Duration 0:54
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I'm Robert -- your Fox Business -- stocks remain lower as investors focused once again on the uncertain outlook in the Euro zone.

Ahead of the European Central Bank downplaying any -- the ECB would find a resolution to Europe's debt crisis anytime soon.

-- the Dow Industrials currently down 45 points loss of four tenths of 1% NASDAQ and S -- the in the red as well.

But traders also looking at another round of MA activity supermarket chain Winn-Dixie agreed to go private -- 8560.

Million dollar all cash deal.

With supermarket operator viola.

And after more than six decades looks like it's the end of the road for Saab automobile the cash strapped company has given up its struggle for a lifeline and has filed for bankruptcy.

It's not CEO says the last nail in the coffin was figures that are GM's rejection.

A Chinese company's attempts to gain control of the Swedish -- That is the latest from the Fox Business now.

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