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Ex-Compass chief Bailey completes deal to launch on-site firm

CHARLOTTE N.C. Compass Group PLC, has finalized a deal to acquire three mid-sized foodservice management contractors specializing in the health care and education segments of the on-site industry. —Claiming he was bored with retirement, Michael J. Bailey, former chief executive of London-based contract giant

Bailey, who retired from Compass in 2006, purchased Wheeling, West Va.-based Aladdin Food Management

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