Winn-Dixie Explains Buyout

JACKSONVILLE, Fla. — During nearly a year of negotiations for the sale of the company, Winn-Dixie Stores here had discussed a higher price than the $9.50 per share it ultimately accepted, according to a filing with the Securities and Exchange Commission.

In the proxy statement, Winn-Dixie described previous talk of a potential $10.50-per-share bid by Lone Star Partners, the Dallas-based investment firm that owns Mauldi

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