FLORIDA, N.Y. -- Big V Supermarkets here has received a second buyout offer, this one from Stop & Shop Supermarket Co., Quincy, Mass., an Ahold operating company. from its supplier, Wakefern Food Corp., Elizabeth, N.J. Stop & Shop said it had entered into a letter of intent with representatives of the creditors of Big V to purchase 27 of its 31 stores and other company assets for $255 million. The offer came on the same day earlier this month Big V filed a plan of reorganization ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.