Supermarket News is reporting that Richmond Va based Ukrops is in limbo again after the private equity group that entered into exclusive negotiations to purchase the chain dropped out of the bidding.
According to the publication an anonymous source communicated that some “contractual issues and an inability to get financing” were the primary reasons talks broke down, and that Ukrop’s has since resumed shopping itself to some bidders from earlier rounds.
Ukrop’s has not commented on a potential sale
Filed under: Business News, richmond va, Williamsburg general information, williamsburg va |
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