A&P SAID WINDING UP DEAL TO SELL COFFEE ASSET

MONTVALE, N.J. -- A&P's drive to sell its venerable Eight O'Clock Coffee brand could be close to fruition, with a deal reportedly in the final stages of agreement for about $150 million.A spokesman for the Great Atlantic & Pacific Tea Co. here had no comment for SN.The potential buyer of the brand, which was established in 1919, is said to be Gryphon Investors, a private equity firm in San Francisco.

MONTVALE, N.J. -- A&P's drive to sell its venerable Eight O'Clock Coffee brand could be close to fruition, with a deal reportedly in the final stages of agreement for about $150 million.

A spokesman for the Great Atlantic & Pacific Tea Co. here had no comment for SN.

The potential buyer of the brand, which was established in 1919, is said to be Gryphon Investors, a private equity firm in San Francisco. Kurt Kaull, a principal there who heads Gryphon's consumer produc

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