Foodarama Rejects Yucaipa Buyout Offer seeking to take Foodarama here private rejected advances for a buyout by Ron Burkle's Yucaipa Cos., according to federal documents filed by the ShopRite retailer, based here. Foodarama, which announced plans to go private last year, said in the filing that Los Angeles-based Yucaipa, the largest shareholder of Foodarama rival Pathmark, made an unsolicited offer to buy the company in December, but that Burkle was eventually dissuaded from pursuing it ...
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