Lucky Stores Inc. said it’s talking with...
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Lucky Stores Inc. said it’s talking with third parties interested in buying the Arizona and Florida stores that make up nearly a third of the chain. Lucky, the nation’s sixth-largest supermarket chain with 481 stores, began the negotiations Monday, said spokeswoman Judy Decker. In a filing with the Securities and Exchange Commission, Dublin, Calif.-based Lucky said it is holding the talks with the consent of Gibbons, Green, van Amerongen Ltd. The New York-based investment firm has agreed to acquire all of Lucky’s outstanding shares for $2.35 billion, or $61 a share, in an effort to block hostile suitor and competitor American Stores Co.
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