NEWS WATCH: WINCO TO ACQUIRE SUPERVALU'S MINORITY INTEREST...KROGER SHAREHOLDERS TO VOTE ON CHAIRMAN-CEO SPLIT...FARMER JACK CONVERTS 10 STORES TO FOOD BASICS

WINCO TO ACQUIRE SUPERVALU'S MINORITY INTERESTid it has agreed to sell its minority stake in WinCo Foods here back to the company. The total transaction price was not disclosed, but Supervalu said it would net $150 million after taxes from the transaction and would realize a net gain of 40 cents per share in fiscal 2005. It said it would use the proceeds to pay down debt. Supervalu told SN it owned

WINCO TO ACQUIRE SUPERVALU'S MINORITY INTEREST

id it has agreed to sell its minority stake in WinCo Foods here back to the company. The total transaction price was not disclosed, but Supervalu said it would net $150 million after taxes from the transaction and would realize a net gain of 40 cents per share in fiscal 2005. It said it would use the proceeds to pay down debt. Supervalu told SN it owned less than 30% of WinCo. WinCo, which operates about 40 stores in the Pacific Nort

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