MOBILE, Ala. -- Executives at Delchamps here have confirmed that the Southeastern supermarket chain is up for sale. David Morrow, the company's chairman and chief executive officer, said last week that Delchamps' board has engaged Credit Suisse First Boston, New York, to help find a buyer. Morrow said the firm has identified "a limited number of potential buyers who have expressed an interest in purchasing the company at prices that are in the range of recent trading values." Although no ...
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 complimentary access to the SN salary survey data tables.
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.