Mergers & Acquisitions

Purple Carrot sold to Japanese firm; Sun Basket raises $30M in funding

Locations will be in Plainview, Babylon, Huntington and Center Moriches

CEO renews commitment to 5 top objectives

E-grocer continuing strategic West Coast growth

Private-equity firm affiliate completes acquisition

All 10 locations formerly drug stores acquired by grocer in February

Private-equity firm previously purchased grocer in 2007, sold it in 2012

Retailer withdraws FY guidance ahead of acquisition by private-equity firm

Grocer continues to invest in stores, family of brands

Termination follows final government report blocking deal

Retailer also releases “strong” Q4 sales

Increase comes despite falling deal volume, value: A.T. Kearney report