COMPTON, Calif. -- The sale of Ralphs Grocery Co. here to Yucaipa Cos. could be agreed to in the next few days, industry sources told SN last week. Even if the deal is delayed beyond this month, one source familiar with the negotiations said, an agreement should be reached at the latest by Thanksgiving. Yucaipa, which is based in Los Angeles, Calif., has been negotiating the deal for several months with DeBartolo Corp., which owns just over 60% of Ralphs' stock. Yucaipa owns Food 4 Less ...
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