CITY OF COMMERCE, Calif. — Dollar-store chain 99 Cents Only here said Friday it has received an acquisition offer from two investment groups to take the company private. Members of the Schiffer/Gold family, together with Los Angles-based investment firm Leonard Green & Partners — which also has investments in Whole Foods Market and BJ’s Wholesale Club — have offered $19.09 per share for 99 Cents Only, which has a market capitalization of about $1.4 billion. Its shares shot up to nearly ...
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.