NEW YORK -- New World Coffee & Bagel's acquisition of competitor Manhattan Bagel Co. has created the largest coffee/bagel franchiser in the country, with approximately 340 stores, according to officials. The deal, worth $15.3 million, came after a federal bankruptcy court judge in New Jersey approved New World's reorganization plan for Eatontown, N.J.-based Manhattan Bagel, which had filed for Chapter 11 bankruptcy protection in November 1997. New World signed an agreement to acquire ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.