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Supervalu is Being Acquired in a Nearly $3 Billion Deal

StarTribune.com

Supervalu Inc., the Minnesota food distributor that struggled for years after a failed attempt to create one of the nation's largest grocery chains, was sold Thursday to a Rhode Island-based wholesaler in a $2.9 billion deal that puts Cub Foods, the biggest grocer in the Twin Cities, on the sales block...

Mentions: acquisition SuperValu stake