SuperValu Could Sell Two Chains to Cerberus Soon
Albertsons and Save-A-Lot are SuperValu's two largest chains. Selling the chains would give the company cash to pay down some of its more than $6 billion in debt and allow the company to focus on what to do with its nine other chains, the article said.
Cerberus aims to finalize some sort of deal by the end of the year. Eden Prairie Patch will update readers as more information becomes available.
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