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PEWAUKEE, Wis. - Robert Mariano, chairman and CEO of Roundy's Inc., on Friday issued a statement in response to the Aug. 22, 2003 story in the Chicago Sun Times speculating on a purchaser for Dominick's.
"There is absolutely no truth to the speculation in today's Sun Times story that indicates I have an involvement or interest in Dominick's. I have no business dealings with the private equity firm Apollo Management. I have no involvement of any kind in a proposed Dominick's transaction," Mariano said.
The Chicago Sun-Times story suggested that Mariano, the former CEO of Dominick's and the current chairman and CEO of Roundy's, may be the man who will acquire the 114-store Dominick's from Safeway. He reportedly would be joined in his winning bid by private equity firm Apollo Management.
Mariano's statement on Friday said the future is bright for Roundy's, but he didn't elaborate on details. "Roundy's is at an exciting point in its development, and I am very enthusiastic about the opportunities all of us at Roundy's have as we pursue a continued bright and successful future," he said.