Haggen cancels core store auction, names Albertson’s winning bidder

By Caroline Salls

Pittsburgh, March 14 – Haggen Holdings, LLC cancelled the auction for its core stores and named Albertson’s LLC as the successful bidder, according to a notice filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

Albertson’s has agreed to pay a base amount equal to $106.17 million, plus a closing adjustment amount.

The 29 core stores being purchased are located in Oregon and Washington.

The sale hearing is scheduled for March 29.

Haggen, a Bellingham, Wash.-based supermarket company, filed bankruptcy on Sept. 8, 2015. The Chapter 11 case number is 15-11874.

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