UTICA, N.Y. -- Victory Holdings here, parent of Victory Markets, has agreed to acquire all 26 Almacs stores in Rhode Island and Massachusetts. The selling price is about $30 million, trade observers told SN. Almacs, based in East Providence, R.I., has been operating under Chapter 11 bankruptcy protection since Aug. 6, 1993. A Los Angeles investment group, Leonard Green & Partners, is the majority shareholder in Almacs. Victory Markets operates 72 Great American Food Stores in upstate ...
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