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Supervalu board approves Save-A-Lot spinoff

2016-01-08 01:21:15| Grocery - Topix.net

Jan 7 Grocery chain Supervalu Inc said its board approved a possible spinoff of its fast-growing discount chain Save-A-Lot stores. Supervalu said its shareholders would own at least 80.1 percent of the outstanding shares of Save-A-Lot.

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