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Reuters: BI-LO Goes on the Block
August 11, 2010
FROM RETAILWIRE:
The BI-LO supermarket chain, owned by Lone Star Funds, is up for sale and drawing interest from private equity firms and other grocers, according to a Reuters report. What do you think is likely to happen to BI-LO, assuming Reuters is correct in reporting the chain is for sale?
[more...]
If it isn't sold, it will need to be scaled back.
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