Food Emporium Sale Expected: Source

MONTVALE, N.J. — A&P here is expected to announce a deal to sell its 16 Manhattan Food Emporium stores as early as next week, a source told SN Wednesday.

The chain is expected to be sold to multiple bidders, according to the source.

A report published by Crains New York Business last week indicated one of the likely buyers is Angelo Gordon Supermarkets, the private-equity owner

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