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Shaw's to be Sold in $3.3 Billion Deal

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Shaw's and Star Market agreed to sell several stores to Cerbus Capital Management as part of $3.3 billion deal, according to a report in the Boston Globe Thursday.

Ceberus Capital Management is a private equity firm that also controls Steward Hospital Health Care System.

Supervalue of Minnesota owns Shaw's and Star Market and is expect to sell 170 stores.


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