NEW YORK -- An investment firm that specializes in turning around struggling retail companies has bid to buy the Bi-Lo and Bruno's chains from Ahold USA, according to a report in the Birmingham News. The paper identified Cerberus Capital Management here as one of at least two bidders for the chains, which Zaandam, Netherlands-based Ahold said it plans to sell by year-end. Cerberus recently agreed to acquire the Mervyn's department store chain from Target. Joyce Smart, a spokeswoman for ...
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