Smart & Final Investor Sues Over $1.1B Sale To Apollo

By McCord Pagan (April 15, 2022, 5:17 PM EDT) -- A former investor of grocery store chain Smart and Final Stores Inc. has hit executives of the company, its former majority owner Ares and two of its financial advisers in Delaware court with a proposed class action, alleging the group sold the business in 2019 to Apollo Global Management Inc. for $1.1 billion despite receiving a better offer....

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