CVS wants to delay Marsh sale amid new buyer agreement

Inc. All right

Inc. All right

Pruitt offered no timeline for Kroger and Fresh Encounter to close and take over the 26 stores they're buying across IN and Ohio. Among those 11 stores are the Bloomington Marsh locations at 1825 Kinser Pike and 123 S. Kingston Drive.

The Tipton Marsh is now the only supermarket in Tipton County. One possible obstacle to the sale is an objection by CVS Health, which purchased the pharmacy accounts from Marsh in April.

Two Ohio-based firms offered to buy more than half of the remaining Marsh grocery stores.

None of the Marsh locations in Anderson were sold through the auction process as of Tuesday and the fate remains unknown.

House passes bill to roll back regulations on big banks
Financial stocks soared after the vote, which some say could push Republicans in the Senate to pursue more aggressive reform. Senator Dianne Feinstein (D-California) has previously described rollbacks to the Dodd-Frank Act as "dangerous".

Greensburg, Ind. - Findlay, Ohio-based Fresh Encounter, Generative Growth II LLC has purchased 15 Marsh stores including locations in Greensburg and Columbus.

Objections to the winning bids will be heard in the DE bankruptcy court system prior to a final sale approval hearing on Thursday. They want to pay $8 million for the four Marshes left in OH and 11 other stores around Indiana. Fresh Encounter operates several independent retail brands and acquired Remke Markets earlier this year.

Topvalco, Inc., a subsidiary of Kroger, hopes to assume contracts for the leases of 11 Marsh stores, including the two Zionsville Marsh stores, at 10679 N. Michigan Rd. and 5 Boone Village, and the Fishers Marsh store, at 12520 E. 116th St. Marsh has countered that the agreement only bars Marsh from operating pharmacies at the stores, and that the language is not enforceable under the bankruptcy code.

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