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The Boston Globe

Business

Shaw’s, StarMarket part of $3.3 billion sale

The investment group buying Shaw’s and its sister supermarket brand Star Market said it plans no immediate changes at the New England chains.

The grocers are part of a larger $3.3 billion buyout that would put the supermarkets in the hands of private equity firms, including Cerberus Capital Management, the company that controls the Boston-based Steward Health Care System hospital network.

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