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Article: Morgan Stanley buys Tops Markets for $310M.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- October 12, 2007
CopyrightCOPYRIGHT 2007 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Royal Ahold NV, the Dutch food retailer that gets more than half its sales from the U.S., agreed to sell Tops Markets LLC to Morgan Stanley Private Equity for $310 million to focus on its Stop & Shop grocery chain.
Tops Markets has 76 stores in western and central New York and northwestern Pennsylvania, employing more than 10,000 people, the New York-based buyout firm said in a statement Thursday. The retailer, based in Amsterdam, will retain liability for most of the U.S. chain's lease obligations, Ahold said in a separate statement.
Ahold, the ...
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Article: Tops Markets LLC
International Directory of Company Histories;
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...Tops Markets LLC 6363 Main Street Williamsville, New York 14221-5855 U.S.A ... Except Convenience) Stores Tops Markets LLC is a subsidiary of the ... located in Williamsville, New York, Tops is comprised of some ...
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