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It’s Official: Ukrops Acquired by Giant/Carlisle for $140 Million
Putting to end months of speculation about the fate of one of the nation’s most well-respected regional family-owned grocery companies, Ukrop’s Super Markets, Inc. is being acquired by Ahold USA’s Carlisle, Pa.-based Giant Food Stores subsidiary for about $140 million, which includes the longtime Richmond, Va.-based independent’s inventory, equipment, lease agreements and one new store location.