UKROP'S TALKS BREAK DOWN: SOURCE RICHMOND, Va. — Ukrop's Super Markets here is in limbo again after the private equity group that entered into exclusive negotiations to purchase the chain dropped out of the bidding, sources told SN last week. Speaking on condition of anonymity, the source told SN that some “contractual issues and an inability to get financing” were the primary reasons talks broke down, and that Ukrop's has since resumed shopping itself to some bidders from earlier rounds. ...
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 complimentary access to the SN salary survey data tables.
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.