Supervalu takes another step in possible Save-A-Lot spin-off
Supervalu has renegotiated
a $1.5 billion term loan agreement — another necessary step if the
grocery retailer spins off discount chain Save-A-Lot.
Prairie-based Supervalu announced Monday that it completed the amendment
of its loan agreement, which will allow the company to undertake
transactions necessary for Save-A-Lot to become a separate company.. . . more