FIRM BIDS FOR BRUNO'S, BI-LO: REPORT

NEW YORK -- An investment firm that specializes in turning around struggling retail companies has bid to buy the Bi-Lo and Bruno's chains from Ahold USA, according to a report in the Birmingham News.The paper identified Cerberus Capital Management here as one of at least two bidders for the chains, which Zaandam, Netherlands-based Ahold said it plans to sell by year-end. Cerberus recently agreed to

NEW YORK -- An investment firm that specializes in turning around struggling retail companies has bid to buy the Bi-Lo and Bruno's chains from Ahold USA, according to a report in the Birmingham News.

The paper identified Cerberus Capital Management here as one of at least two bidders for the chains, which Zaandam, Netherlands-based Ahold said it plans to sell by year-end. Cerberus recently agreed to acquire the Mervyn's department store chain from Target.

Joyce Smart, a spokes

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