Cerberus Group to Buy Supervalu Chains

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Jan. 10 (Bloomberg) -- A Cerberus Capital Management LP-led investor group agreed to acquire Supervalu Inc.’s Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market grocery stores in a transaction valued at about $3.3 billion. Cristina Alesci reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)