OTHER NEWS - Aug. 28, 1996
Times Staff and Wire Reports
Jerry’s Deli Gets New Investors: Jerry’s Famous Deli Inc., a Studio City-based restaurant chain, has agreed to sell $6 million in convertible preferred stock to a partnership affiliated with Los Angeles-based Yucaipa Cos., the investment firm that controls the Ralphs supermarket chain. The sale involves about 9% of the stock in the chain, which operates eight Southland restaurants.
