WAYNE, N.J. -- Grand Union Co. here last week was anticipating a $75 million loan from a pair of new investors that would provide some breathing room to get its operations back in shape. While the company declined to confirm that the cash infusion was forthcoming, a spokesman for one of the chain's equity investors said last week negotiations with the potential new investors were likely to reach a positive conclusion at any time. Grand Union officials did indicate last week the company ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.