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Cerberus Capital Management

(credit: CBS)

Supervalu To Sell 5 Supermarket Chains To Cerberus

Supervalu Inc. says it reached a deal to sell five of its biggest grocery chains — Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market — for $100 million in cash plus more than $3 billion in debt.

01/10/2013