MONTVALE, N.J. — It's Ron Burkle to the rescue for Pathmark - again.
Yucaipa Could Transform A&P
It's Ron Burkle to the rescue for Pathmark - again. Burkle, whose Yucaipa Cos. sold Pathmark to A&P two years ago, earlier this month reinvested in A&P, seeking once again to straighten out Pathmark and, observers speculate, A&P itself. Yucaipa's $115 million investment, completed earlier this month, gave it a 27.6% stake in A&P, along with two additional seats on A&P's board of directors.