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 ...
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.