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Central has offer for 19 Strack & Van Til stores

Competition, vendor terms, member defections hastened bankruptcy before sale could be completed

Central Grocers has an offer from an unnamed strategic competitor to acquire 19 Strack & Van Til stores but was unable to complete an auction of those stores before filing for Chapter 11 bankruptcy protection Thursday, the company said in a disclosure statement.

However, member deflections and tightening terms from suppliers — including the filing of an involuntary Chapter 7 bankruptcy petition by four suppliers earlier this week — hastened a voluntary filing, and Cent

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