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Brookshire's exploring a sale, Reuters says

2015-10-15 03:25:09| Grocery - Topix.net

Brookshire Grocery Company is exploring a sale that could value the family-owned operator of supermarket stores in Texas, Louisiana and Arkansas at as much as $1 billion, including debt, according to people familiar with the matter. The move underscores a trend toward consolidation in the fragmented U.S. supermarket sector, as companies respond to low profit margins by seeking economies of scale through acquisitions.

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