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SpartanNash Co ( (SPTN) ) just unveiled an update.
On June 22, 2025, SpartanNash Co entered into a Merger Agreement with New Mackinac HoldCo, Inc., Mackinac Merger Sub, Inc., and C&S Wholesale Grocers, LLC, which will result in SpartanNash becoming a wholly-owned subsidiary of New Mackinac HoldCo. The merger, subject to regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act, saw C&S resubmit its notification to the FTC, with the waiting period expiring on September 18, 2025, without FTC action. The transaction is expected to close around September 22, 2025, potentially impacting SpartanNash’s market operations and stakeholder interests.
The most recent analyst rating on (SPTN) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on SpartanNash Co stock, see the SPTN Stock Forecast page.
Spark’s Take on SPTN Stock
According to Spark, TipRanks’ AI Analyst, SPTN is a Neutral.
SpartanNash Co’s overall stock score reflects strong revenue growth and strategic initiatives, tempered by profitability challenges and high leverage. The merger with C&S Wholesale Grocers offers potential benefits, but legal challenges and current financial pressures present risks. Technical indicators suggest the stock may be overbought, adding caution to the outlook.
To see Spark’s full report on SPTN stock, click here.
More about SpartanNash Co
SpartanNash Co is a Michigan-based company operating in the grocery industry, providing wholesale and retail distribution services. The company focuses on supplying groceries to various retail locations and is involved in the logistics and supply chain management of food products.
Average Trading Volume: 993,939
Technical Sentiment Signal: Buy
Current Market Cap: $893.2M
See more insights into SPTN stock on TipRanks’ Stock Analysis page.