CHARLOTTE — Ruddick Corp., parent of the Harris Teeter chain, has finally sold its American & Efird industrial thread division, a move analysts said would provide better visibility of the publicly held supermarket operator's performance.
“While A&E had more recently made significant progress in improving its profitability, we believe this transaction is an extremely positive development, and has been eagerly anticipated for many, many years,” said Karen Short, a New York-based ...
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