Bi-Lo Holdings has agreed to sell 12 supermarkets in Florida, Georgia and South Carolina to settle Federal Trade Commission charges related to its acquisition of the Sweetbay, Harveys and Reid’s chains from Delhaize America. In addition, Delhaize has agreed to retain two stores that were initially part of the deal. The $265 million Delhaize acquisition, announced a year ago, is set to close in a series of eight separate transactions over a 10-week period, the FTC said. The proposed ...
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