SuperValu Selling Some Stores

Twin Cities based SuperValu is selling five of its grocery store chains to Cerberus for $3.3 billion.

 

 

 

 

Twin Cities based SuperValu is selling five of its grocery store chains to Cerberus for $3.3 billion.

Among those being sold are Albertsons, Acme, and Jewel-Osco.

SuperValu has decided to keep Hornbachers, Cub Foods, Save-A-Lot and several others, as well as its food distribution business.

Last year, SuperValu's stock hit lows not seen in at least 30-years.

(KFGO News file photo)

 

AP

   

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