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Cerberus Bids On Harris Teeter

  •, Friday, June 28, 2013 9:52 AM

Cerberus Capital Management, from whose jaws Fiat extracted Chrysler before it was too late, has another company in the dog food bowl, apparently. Word has it the Wall Street investor has offered to buy U.S. grocery chain Harris Teeter Supermarkets. A bid has been submitted but Cerberus is undecided about how it would structure the acquisition. Still up in the air is whether Cerberus will buy the 200-store grocery chain outright or leave some of the company in the public domain, the source said.

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