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February 4, 2004 | Melinda Fulmer
Colton-based Stater Bros. Holdings Inc. said it would buy Kroger Co.'s stake in Southern California's largest milk processor, Santee Dairies Inc. Stater owns 50% of the City of Industry-based dairy and is buying the remaining stake from Kroger for an unspecified amount. A filing last week with the Securities and Exchange Commission by Stater said it had agreed to loan about $55 million to the dairy and its bondholders to assume ownership.
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BUSINESS
February 4, 2004 | Melinda Fulmer
Colton-based Stater Bros. Holdings Inc. said it would buy Kroger Co.'s stake in Southern California's largest milk processor, Santee Dairies Inc. Stater owns 50% of the City of Industry-based dairy and is buying the remaining stake from Kroger for an unspecified amount. A filing last week with the Securities and Exchange Commission by Stater said it had agreed to loan about $55 million to the dairy and its bondholders to assume ownership.
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BUSINESS
November 21, 1996 | VICKI TORRES, TIMES STAFF WRITER
Hughes Family Markets said Wednesday that it will be acquired for $360 million by Quality Food Centers Inc., a growing Washington state supermarket chain. Hughes, founded in 1952 by Joseph Hughes and based in Irwindale, is a privately held company with revenue of approximately $1 billion and 56 stores in Los Angeles, Orange, Riverside, San Bernardino and Ventura counties. QFC, a 41-year-old company headquartered in Bellevue, Wash.
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