LifeWay Christian Stores has begun the process of acquiring Berean Christian Stores, a 17-outlet chain located primarily in California, Arizona and the Midwest with corporate headquarters in Cincinnati, Ohio.
"This is a tremendous opportunity," said Thom S. Rainer, president of LifeWay Christian Resources, the parent company of LifeWay Stores. "Berean, like LifeWay, is known for their commitment to serving church customers. This acquisition will significantly increase LifeWay’s opportunities for ministry across the country."
LifeWay, which has a Utah store at 6336 S. State St. in Murray, owns 163 stores in 26 states. The Tennessee-based chain will expand to 180 stores in 28 states after the acquisition, which could close in September.
Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.