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>> CERBERUS Latest News

MAR 21, 2013 - Boston Herald

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Shaw’s, Star Market sale completed

Supervalu Inc. has closed its $3.3 billion, 877-store sale that includes the Shaw’s and Star Market chains to a Cerberus Capital Management-led investment group.The two West Bridgewater chains’ 169 stores will begin to operate under Cerberus’ Boise, Idaho-based Albertsons LLC grocery company overnight.Announced in January, the struggling Supervalu’s sale was forced by 15 quarters of declining sales.

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