Business as usual while Bi-Lo seeks buyer

04/13/2007 | Charlotte Observer (N.C.), The

Bi-Lo plans to spend more than $160 million on its business in the next 18 months while its owner, Lone Star Funds, seeks a buyer for the grocery chain, which operates more than 230 stores. Industry observers predict the portfolio will be split among several buyers.

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Charlotte Observer (N.C.), The

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