WILLIAMSVILLE, N.Y. — A group of executives at Tops Friendly Markets here has agreed to acquire the chain, the company said last week. Terms were not disclosed. Tops had been majority owned since 2007 by Morgan Stanley Capital Partners, which bought the chain — then numbering 71 supermarkets, mostly in upstate New York — for $310 million from Ahold USA. Since then, Tops has grown to 159 stores, largely through the acquisitions of Syracuse, N.Y.-based Penn Traffic and ...
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