Members of Blooming Prairie Cooperative Warehouse voted to sell the Iowa City, Iowa, distribution company to United Natural Foods Inc. and agreed to use some of the proceeds to form a Blooming Prairie Foundation.
In the Sept. 28 vote, 73 percent of members favored the sale. The proposal needed a 60 percent majority to pass. Co-op members will receive 100 percent of their equity and investment in Blooming Prairie as well as sale proceeds.
Natural Foods Merchandiser volume XXIII/number 11/p. 10