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Children’s Hospital of Philadelphia recognizes Giant Food Stores for $5 million leadership gift
PHILADELPHIA — The Children’s Hospital of Philadelphia on Friday hosted an event to announce a $5 million leadership gift from Giant Food Stores to support construction of the Buerger Center for Advanced Pediatric Care, an outpatient facility scheduled to open in the University City section of Philadelphia in 2015. Giant Food Stores’ contribution punctuates nearly 20 years of philanthropic support for patient care programs at Children’s Hospital. In recognition of Giant Food Stores’ gift, the lobby of the Buerger Center will be named the Giant Lobby.
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Ahold shareholders approve reverse stock split
ZAANDAM, the Netherlands — Ahold's shareholders on Tuesday approved the company's proposal to return €1 billion (US$1.4 billion) to shareholders by way of a capital repayment and reverse stock split.
Shareholders voted at an extraordinary general meeting held at Ahold's headquarters. The meeting was attended by 65 shareholders, representing approximately 657 million votes.