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Phoenix-based Pro’s Ranch Markets sold for $55M

By Washington Examiner
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PHOENIX (AP) — Two retailers in Southern California have reached a $55 million deal to buy Phoenix-based Pro’s Ranch Markets, which filed for Chapter 11 bankruptcy protection last May.

The family-owned chain of grocery stores popular with Latino customers was founded 31 years ago and has seven stores in Arizona and two each in New Mexico and Texas.

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