Supervalu to sell 5 supermarket chains to Cerberus
NEW YORK (AP) — Supervalu Inc. says it reached a deal to sell five of its biggest grocery chains — Albertson's, Acme, Jewel-Osco, Shaw's and Star Market — for $100 million in cash and more than $3 billion in debt.
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Email us or call (218) 333-9200 and we can help you.