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A&P wins bankruptcy plan approval
New York City -- The U.S. Bankruptcy Court in White Plains, N.Y., approved the Great Atlantic & Pacific Tea Co.’s plan to exit bankruptcy plan. The supermarket company filed Chapter 11 in December 2010.
The reorganization plan includes $490 million in debt and equity financing from Ron Burkle’s Yucaipa Cos. -
Safeway names president of Dominick’s
Pleasanton, Calif. -- Safeway has named Brian Baer president of its Dominick’s Finer Foods division in the Chicago area.
Baer had been acting president of Dominick’s since last July when the previous president, Don Kperta, resigned.
Baer joined Safeway in 2001 as VP finance for the company’s Phoenix division. In 2008, he was appointed CFO at Dominick’s.