Apollo to buy Fresh Market for $1.36B

Apollo to buy Fresh Market for $1.36B

Founder Berry, executive Golleher also investing

The Fresh Market, the innovative but struggling gourmet specialty chain, said Monday it would be acquired by Apollo Global Management in partnership with company founder and chairman Ray Berry, for around $1.36 billion.

The Fresh Market said last year it was reviewing strategic options including a sale.

The deal announced Monday was approved by The Fresh Market board with the exception of chairman and company f

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