LOS ANGELES — Apollo Management, the New York-based investment group that sold its stake in Smart & Final earlier this year, is reportedly interested in making a bid for 99 Cents Only Stores here. The 285-unit chain had indicated earlier this year it was negotiating with Leonard Green & Partners here to take the chain private for an investment of $1.3 billion, or $19.09 per share. About one-third of the company's shares are held by the Schiffer and Gold families. However, with ...
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.