• In Connecticut, the Stamford Advocate reports that "Fairway Market could close its South End grocery and wine store and lay off approximately 150 employees there and shutter other locations if buyers for those sites do not emerge, the bankrupt chain has told state officials.
"The plan counters a statement that Fairway made when it filed for Chapter 11 protection on Jan. 23, when it said that its stores were staying open and that it did not expect any 'service interruptions' during the bankruptcy proceedings. If the Stamford closing were carried out, it would strip the South End of its only supermarket."
The story goes on: "Fairway has agreed to sell for about $70 million its five stores in Manhattan and its product and distribution center in Bronx, N.Y. At the same time, it is 'actively marketing' its 13 other tri-state store locations, including Stamford."
A closure would happen by the beginning of April.
• The Wall Street Journal reports that "the owner of the New York Stock Exchange has made a takeover offer for eBay Inc. that could value the sprawling online marketplace at more than $30 billion … Intercontinental Exchange Inc., known as ICE, has approached eBay in the past and did so again recently … The companies aren’t currently in formal talks, and there is no guarantee eBay would agree to a deal."
