Sterling Initiates IPO Process For Fairway Markets

Law360, New York (August 3, 2012, 7:53 PM EDT) -- New York-founded high-end grocery store chain Fairway Group Holdings Corp., which is majority-owned by private equity firm Sterling Investment Partners, has made a confidential filing to start the process for an initial public offering, it announced Friday.

Fairway's decision to test the waters of a public offering, revealed in a U.S. Securities and Exchange Commission filing, comes as several other food and grocery chains have announced or executed similar plans. Details of the company's IPO plans were not disclosed.

A spokeswoman for the company said it...
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