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Supervalu acquires Unified Grocers

from Meat and Poultry News

Supervalu has completed its acquisition of Unified Grocers Inc. in a transaction valued at $390 million. Financing for the transaction includes $114 million in cash for 100 percent of the outstanding shares of Unified Grocers plus Supervalu has agreed to pay off Unified Grocers’ outstanding net debt, which is about $276 million. more

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