Arbor Investments has sold National Deli, a manufacturer of deli meats and all beef franks, to River Associates Investments. The sale generated an IRR of 30% and a return of 2.7x on Arbor's original investment in January 2007. Arbor was advised by Duff & Phelps and DLA Piper on the transaction, while River Associates was advised by Miller & Martin.
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