January 24, 2006

Albertson's Finally Sold

Private equity firm Cerberus Capital Management and a group of real estate companies led by Kimco Realty will acquire 655 unprofitable locations, including Albertsons' 102 stores in D-FW.
Cerberus said it plans to run the stores, but analysts expect it to sell markets and store locations soon after the deal is closed this summer

Dallas Morning News, January 24, 2006