MINNEAPOLIS — Supervalu here said Thursday that it has reached an agreement to sell its Albertsons, Jewel-Osco, Acme, and Shaw’s and Star Market banners to a group led by Cerberus Capital Management in a transaction valued at $3.3 billion.
Supervalu would remain a publicly traded company operating its wholesale distribution business, the Save-A-Lot limited-assortment banner and several regional chains — Cub, Farm Fresh, Shoppers, Shop ’n Save and ...
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