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INVESTOR GROUP BUYS 6 BALDUCCI'S BETHESDA, Md. An investor group led by James A. Demme has acquired six stores and related operations from Balducci's here. Demme, who serves as a senior advisor to Angelo, Gordon & Co., the New York-based investor group, is chairman of Kings Super Markets, Parsippany, N.J., and served earlier as chairman of Penn Traffic, Bruno's and Homeland Supermarkets and also as

INVESTOR GROUP BUYS 6 BALDUCCI'S

BETHESDA, Md. — An investor group led by James A. Demme has acquired six stores and related operations from Balducci's here. Demme, who serves as a senior advisor to Angelo, Gordon & Co., the New York-based investor group, is chairman of Kings Super Markets, Parsippany, N.J., and served earlier as chairman of Penn Traffic, Bruno's and Homeland Supermarkets and also as president of Shaw's Supermarkets. The deal includes Balducci's store here an

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