SUPERVALU sells 5 supermarket chains for $3.3B

SUPERVALU has sold five of its supermarket chains for $3.3 billion. The buyer is an investor group led by Cerberus Capital Management. The sale covers 877 stores from the Albertsons, Acme, Jewel-Osco, Shaw's and Star Market chains.


This news summary appeared in FMI dailyLead® on 01/11/2013
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