MAULDIN, S.C. — In a merger that would create a $10 billion network of supermarkets with a contiguous footprint across the Southeast, Bi-Lo — less than two years out of bankruptcy — has offered to buy Winn-Dixie Stores for about $560 million. While some analysts said the $9.50-per-share offer for Winn-Dixie — which itself went through bankruptcy just six years ago — could be a boon to both companies, many also pointed out that integrations of this ...

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