Ruddick Corporation Completes Sale of its American & Efird Business to KPS Capital Partners, LP
07 Noviembre 2011 - 4:02PM
Business Wire
Ruddick Corporation (NYSE: RDK) (the “Company”) announced today
that it has completed the previously announced sale to two newly
formed affiliates of KPS Capital Partners, LP of all of the
Company’s ownership interest in its American & Efird business,
for $180 million in cash consideration, subject to adjustments for
working capital and certain liabilities, including under funded
pension liability and foreign debt as previously disclosed.
Ruddick Corporation is the parent company of Harris Teeter,
Inc., a leading regional supermarket chain with operations in eight
states primarily in the southeastern and mid-Atlantic United
States, and the District of Columbia.
For more information on Ruddick Corporation,
visit our web site at: www.ruddickcorp.com.
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