MONTVALE, N.J. — A&P here is expected to announce a deal to sell its 16 Manhattan Food Emporium stores as early as next week, a source told SN Wednesday.
The chain is expected to be sold to multiple bidders, according to the source.
A report published by Crains New York Business last week indicated one of the likely buyers is Angelo Gordon Supermarkets, the private-equity owner of the Kings Food Markets and Balducci’s chains. Kings, based in Parsippany, N.J., recently ...
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