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Riordan Freeman Spogli

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BUSINESS
March 2, 1988 | JESUS SANCHEZ and MARTHA GROVES, Times Staff Writers
Boys Markets--the 54-store Los Angeles supermarket chain built on catering to Southern California's burgeoning minority communities--said Tuesday that it has received a $130.7-million takeover offer, reportedly from a wealthy Mexican family. The announcement comes as the Los Angeles supermarket industry is being shaken by a round of takeovers and mergers.
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BUSINESS
November 5, 1988 | MARTHA GROVES, Times Staff Writer
Richard J. Riordan, a prominent Los Angeles lawyer, investor and restaurant owner, has resigned from Riordan Freeman & Spogli, a 5-year-old firm he co-founded that specializes in leveraged buyouts. Riordan, 58, said Friday that his departure from the firm, which earlier this year sold its interest in Boys Markets, was prompted by philosophical differences between him and his two partners.
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BUSINESS
June 6, 1987
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.
BUSINESS
March 5, 1988 | JESUS SANCHEZ, Times Staff Writer
The 54-store Boys Markets chain said Friday that it has agreed to be sold for $131 million to a group led by American Breco Corp., a Los Angeles company controlled by a wealthy family from Mexico. Boys President Peter J. Sodini said he foresees no major management or strategy changes. The current management, he noted, will also end up owning a "significant" share of the company. The agreement comes at a time of corporate change in the Southern California grocery business.
BUSINESS
November 5, 1988 | MARTHA GROVES, Times Staff Writer
Richard J. Riordan, a prominent Los Angeles lawyer, investor and restaurant owner, has resigned from Riordan Freeman & Spogli, a 5-year-old firm he co-founded that specializes in leveraged buyouts. Riordan, 58, said Friday that his departure from the firm, which earlier this year sold its interest in Boys Markets, was prompted by philosophical differences between him and his two partners.
BUSINESS
March 5, 1988 | JESUS SANCHEZ, Times Staff Writer
The 54-store Boys Markets chain said Friday that it has agreed to be sold for $131 million to a group led by American Breco Corp., a Los Angeles company controlled by a wealthy family from Mexico. Boys President Peter J. Sodini said he foresees no major management or strategy changes. The current management, he noted, will also end up owning a "significant" share of the company. The agreement comes at a time of corporate change in the Southern California grocery business.
BUSINESS
October 5, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
Fresh from having accomplished the friendly buyouts of a handful of grocery chains and industrial concerns, the partners at Riordan, Freeman & Spogli found themselves earlier this year fighting for a different kind of business altogether. The quarry was JWT Group, parent of the giant J. Walter Thompson advertising agency and the Hill & Knowlton public relations firm. JWT was fighting for its life against Martin S.
BUSINESS
March 29, 1988
William M. Wardlaw, managing partner in the Los Angeles law firm of Riordan & McKinzie, has joined Riordan Freeman & Spogli, a Los Angeles-based merchant banking firm.
BUSINESS
March 2, 1988 | JESUS SANCHEZ and MARTHA GROVES, Times Staff Writers
Boys Markets--the 54-store Los Angeles supermarket chain built on catering to Southern California's burgeoning minority communities--said Tuesday that it has received a $130.7-million takeover offer, reportedly from a wealthy Mexican family. The announcement comes as the Los Angeles supermarket industry is being shaken by a round of takeovers and mergers.
BUSINESS
October 5, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
Fresh from having accomplished the friendly buyouts of a handful of grocery chains and industrial concerns, the partners at Riordan, Freeman & Spogli found themselves earlier this year fighting for a different kind of business altogether. The quarry was JWT Group, parent of the giant J. Walter Thompson advertising agency and the Hill & Knowlton public relations firm. JWT was fighting for its life against Martin S.
BUSINESS
June 6, 1987
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.
BUSINESS
August 9, 1985
The Los Angeles-based merchant banking firm of Riordan Freeman & Spogli organized the $127-million acquisition of P&C Foods from Pneumo Corp. of Boston and is among the group of new owners. P&C operates and franchises 153 stores and a food distribution center, primarily in New York and New England.
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