1. Pride Stores Owner Bob Bolduc Sells Chain to Arclight Capital Partners

    Pride Stores Owner Bob Bolduc Sells Chain to Arclight Capital Partners

    Eight months after announcing plans to sell the chain, Pride Stores CEO Bob Bolduc announced a sale to Arclight Capital Partners. The 31 stores — with several more in development — will keep the Pride name, and the company’s customers and 525 employees will see little change in day-to-day operations, Bolduc told local news outlets, which is one of the reasons Arclight won out over several other interested parties.

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