A Los Angeles company acquired a market chain.
- Share via
Buffalo, N.Y.-based Tops Markets Inc., which operates Tops Friendly Markets supermarkets and Wilson Farms convenience stores, agreed to be acquired for $196 million. Riordan, Freeman & Spogli, the Los Angeles merchant banking firm leading the acquisition, will pay $33.50 a share for the 25-year-old Buffalo company, Tops spokesman Thomas Zarbo said. Tops is the leading supermarket chain in western New York.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
