NEWS WATCH: FOODARAMA REJECTS YUCAIPA BUYOUT OFFER...LARRY'S MARKETS FILES CHAPTER 11; AWAITS SALE...WINN-DIXIE SELLS 21 FLORIDA STORES IN AUCTION

Foodarama Rejects Yucaipa Buyout Offerseeking to take Foodarama here private rejected advances for a buyout by Ron Burkle's Yucaipa Cos., according to federal documents filed by the ShopRite retailer, based here. Foodarama, which announced plans to go private last year, said in the filing that Los Angeles-based Yucaipa, the largest shareholder of Foodarama rival Pathmark, made an unsolicited offer

Foodarama Rejects Yucaipa Buyout Offer

seeking to take Foodarama here private rejected advances for a buyout by Ron Burkle's Yucaipa Cos., according to federal documents filed by the ShopRite retailer, based here. Foodarama, which announced plans to go private last year, said in the filing that Los Angeles-based Yucaipa, the largest shareholder of Foodarama rival Pathmark, made an unsolicited offer to buy the company in December, but that Burkle was eventually dissuaded from purs

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