The board of directors of Demoulas Super Markets on Friday was fielding several offers to buy the company, the Boston Globe reported Friday. The chain has engaged J.P. Morgan to help it evaluate strategic alternatives according to the report, which was based on anonymous sources. The report said bids from “supermarket rivals and other investors” valued the 71-store chain between $2.8 billion and $3.3 billion. Those bids evidently were made before this week’s offer from ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.