U.S. supermarket chain Bi-Lo has bought competitor Winn-Dixie. December 20, 2011- The Winn-Dixie supermarket chain has been sold to Bi-Lo LLC for over $530 million. The sale will create one of the largest grocery chains in the South. Winn-Dixie stores are doubled the number of Bi-Lo. After the announcement was made on Monday, the stock for Winn-Dixie jumped by more than 70%. The company has had its share of struggles of recent. In 2005, the company declared bankruptcy but in recent years has been...