MILWAUKEE — Having failed to find a buyer for the company over the past 10 months, the owners of Roundy’s Supermarkets here have decided to sell shares through an initial public offering to raise at least $230 million. Industry sources told SN they expect most of the money raised to be invested in the Chicago market, where Mariano’s Fresh Markets operates four stores. “To sell a company you need a growth vehicle, and for Roundy’s, Mariano’s has got ...

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