|
NEW YORK, Jan. 23 -Twenty six Cub Foods Stores have been acquired from SUPERVALU INC. (NYSE: SVU) by an investment group led by Cerberus Capital Management, L.P. The investment group includes Kimco Realty Corporation (NYSE: KIM), Schottenstein Stores Corp., Lubert-Adler Partners and Klaff Realty, LP. The group plans to operate the stores under the Cub Foods name on an ongoing basis.
Cub Foods, is a discount-food-retailing name in the market for more than 20 years, and employs roughly 1,800 People.
|
