MAULDIN, S.C. — The proposed $560 million acquisition of Winn-Dixie Stores by Bi-Lo here, announced Monday, is not a typical leveraged buyout, Randall Onstead, Bi-Lo's chairman, told SN on Monday after the deal was announced.
Although he declined to go into specific detail about the structure of the transaction, he said Bi-Lo would have "strong" balance sheet going forward.
"Bi-Lo doesn't have a lot of debt, but we will be assuming additional debt to do ...
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