Advertisement
11/14/2011

A&P Moves Forward In Bankruptcy Plan

Great Atlantic & Pacific Tea Co. filed a reorganization plan Monday with the U.S. bankruptcy court after reaching a tentative agreement with the United Food and Commercial Workers Union, reported The Record. The company, which announced $490 million in debt and equity financing from private investors earlier this month, is on track to emerge from bankruptcy in early 2012, the story said.

Click here to read the full story