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Judge clears Haggen sales to Smart & Final, Gelson's

Nov 16, 2015 - The Deal Pipeline

Regional grocery store chain Haggen Holdings LLC has won approval to sell 36 of its stores. Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Friday, Nov. 13, signed orders approving the sale of 28 stores to stalking-horse bidder Smart & Final Stores Inc. (SFS) for $56 million and eight stores to stalking horse Gelson's Markets Inc.

for $36 million. Smart & Final and Gelson's were named the successful bidders for the locations after Haggen ...