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Sweetbay parent buys Bi-Lo, adds to Food Lion

Delhaize Group, the Belgian supermarket giant that owns Sweetbay Supermarket and Food Lion, has agreed to buy the Bi-Lo grocery chain out of a Chapter 11 bankruptcy proceeding for $425 million. The 214 stores in Georgia, Tennessee and the Carolinas will be integrated into the Food Lion network.

Sweetbay parent buys Bi-Lo, adds to Food Lion 10/05/09 [Last modified: Monday, October 5, 2009 6:01pm]
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