Cerberus Capital Management and Bain Capital are possibly interested in buying Matthews-based Harris Teeter, as the grocer continues to explore a sale, The Wall Street Journal reported Thursday.
The possible sale of Harris Teeter has been rumored for more than three months, since the company disclosed two hedge funds had inquired about buying the company.
Harris Teeter declined to comment on Thursday’s report. A spokeswoman referred questions to the company’s earlier statements, which only confirmed that the company had hired JPMorgan to look into a sale.
To read the rest of the story, please go to: Charlotte Observer