SCHWEGMANN IS REPORTEDLY IN AGREEMENT TO BE ACQUIRED

NEW ORLEANS -- Schwegmann Giant Super Markets here reportedly has signed a definitive agreement to be acquired by Kohlberg & Co., Mount Kisco, N.Y., according to local observers.A representative of Kohlberg was quoted in a local newspaper as saying that an agreement had been signed and that the sale of 28 of the chain's 29 stores was likely by the end of the year, following a review of Schwegmann's

NEW ORLEANS -- Schwegmann Giant Super Markets here reportedly has signed a definitive agreement to be acquired by Kohlberg & Co., Mount Kisco, N.Y., according to local observers.

A representative of Kohlberg was quoted in a local newspaper as saying that an agreement had been signed and that the sale of 28 of the chain's 29 stores was likely by the end of the year, following a review of Schwegmann's operations.

However, the Kohlberg representative backed off on that statem

Register to view the full article

Already a member? .