A&P Agrees to Deal to Emerge From Bankruptcy

MONTVALE, N.J. — A&P has reached an agreement with Yucaipa Cos., Mount Kellett Capital Management and Goldman Sachs on a $490 million investment that would allow the company to emerge from bankruptcy as a privately held company early next year.

MONTVALE, N.J. — A&P has reached an agreement with Yucaipa Cos., Mount Kellett Capital Management and Goldman Sachs on a $490 million investment that would allow the company to emerge from bankruptcy as a privately held company early next year.

The deal — which requires approval from U.S. Bankruptcy Court — was to be filed in court papers Thursday, according contents of an internal memo obtained by SN.

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