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Sunday, December 11, 2011

Get Ready for a Roundy's IPO?

The Milwaukee Journal Sentinel reported earlier this week that the privately-held Roundy's Parent Co., which owns the Pick 'n' Save and other supermarket chains, is looking to go public with an initial public offering (IPO) soon.

Roundy's is looking to raise $230 million from the stock sale to take a bite out of $800 million in corporate debt and help with a rigorous expansion plan into the greater Chicago market.

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