NEWSWATCH

EXECUTIVES BUY OUT NO FRILLS CHAIN No Frills Supermarkets said last week it has reached an agreement to sell the company to a group of seven of the chain's executives. Terms of the transaction, which was advised by The Food Partners and is slated to close by early summer, were not disclosed. The buyers are: Fred Witecy, president and COO; Steve Moskovits, controller; Lonnie Eggers,

EXECUTIVES BUY OUT NO FRILLS CHAIN

OMAHA, Neb. — No Frills Supermarkets here said last week it has reached an agreement to sell the company to a group of seven of the chain's executives. Terms of the transaction, which was advised by The Food Partners and is slated to close by early summer, were not disclosed. The buyers are: Fred Witecy, president and COO; Steve Moskovits, controller; Lonnie Eggers, VP-marketing; Kevin Hennessy, VP-perishables; Joe Bosco, director of human resou

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