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Thursday, June 13, 2013

Fresh & Easy Buy-Out?

From Bloomberg News,
Billionaire Ron Burkle is in talks to buy Tesco Plc (TSCO)’s unprofitable Fresh & Easy chain in the U.S., according to people familiar with the discussions.  
Burkle would use the stores to relaunch the Wild Oats brand, according to the people, who asked not to be identified because the process isn’t public.

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