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Published on 4/21/2020 in the Prospect News Distressed Debt Daily.

Lucky’s Market approved to sell some Florida stores for $2.8 million

By Caroline Salls

Pittsburgh, April 21 – Lucky’s Market Parent Co., LLC received court approval to sell some of its Florida stores to Winn-Dixie Stores for $2.8 million, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

On March 27, Lucky’s announced that Winn-Dixie was the stalking horse bidder and winning bidder for the stores.

The original winning bid amount was listed as $2.4 million. However, an amended purchase agreement was reached on April 17 that increased the sale price.

Lucky’s is a Niwot, Colo.-based supermarket operator. The company filed bankruptcy on Jan. 27 under Chapter 11 case number 20-10166.


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