The company was renamed Pantry Pride.
Best's private label brand was called Pantry Pride.
In 1976, Pantry Pride acquired Hills Supermarkets of New York.
In 1985, using junk bonds, 38% of Pantry Pride was acquired by investor Ronald Perelman.
Perelman used Pantry Pride as a vehicle to acquire other companies, in particular Revlon.
By 1986, the name of Pantry Pride was changed to Revlon Group.
Eventually, Food Fair was converted over to Pantry Pride in the early 1970s.
A few weeks later, however, Pantry Pride issued a new one that, taking into account the completed exchange offer, reflected value essentially equivalent to its first offer.
Pantry Pride promptly raised the price of its offer to $56.25 per share.
Pantry Pride raised its offer to $58 per share.