BOISE, Idaho — Albertsons Cos. announced last month its intention to acquire food and drug retailer Haggen Inc., which has been under Chapter 11 bankruptcy protection since last fall. In its binding bid letter and form of asset purchase agreement to acquire Haggen, Albertsons expressed its interest in purchasing the retailer’s 29 core stores in
BOISE, Idaho — Food and drug retailer Haggen Inc., under Chapter 11 bankruptcy protection since last fall, is slated to become part of Albertsons LLC. Albertsons said late Monday that it has submitted a binding bid letter and form of asset purchase agreement to Haggen to acquire the retailer’s 29 core stores in Washington and
BELLINGHAM, Wash. – Haggen Inc. is selling its remaining stores, completing a downward spiral precipitated by its acquisition last December of 146 Albertsons supermarkets. The retailer has received bankruptcy court approval to auction off its 33 core stores in Washington and Oregon on February 5. “The Haggen group of core stores is well run with