'Strong Retail Food Franchise'
“I think when you look at deals over the last couple of years, you’re seeing relatively few strong chains acquired, with most of the rest being broken chains whose valuations are a fraction of their replacement cost, such as the recent Supervalu transaction,” said Chuck Cerankosky, an analyst following Harris Teeter for Northcoast Research, Cleveland. “In the case of Harris Teeter, you have a very strong retail food franchise, and I think it would go in a range of ...
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