![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGi6tUpYEZXpP2ajZtdDdYgcucht-3A35RFsb2bzFIaSt9lxQ4RzwWWugtc9UPQRFpYo2hkd7dID4NhxsNGAGU1ngI-ixrirac-WsxBdm-eI-Knn_1C5-dtf8LWDXqwGlLRGg6/s280/bilowinndixiemerger.jpg)
In an effort to save two struggling grocery chains, Mauldin, South Carolina-based Bi-Lo and Jacksonville, Florida-based Winn Dixie have announced a merger. Winn-Dixie retreated from the Carolinas in 2005, and Bi-Lo has downsized their footprint as well. Currently, the two stores will keep their names and consumers probably won't see many changes.
More here
So this is why Winn Dixie Stock doubled in price. Darn I wish I thought to buy in at 5.00!
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