The deal was initially on hold as a judge considered whether to allow the new owners to place pharmacies in the stores.
The company was acquired in 2006 when it had 120 stores. Only 44 of those stores remain and are available for sale.
The grocery store chain has asked the bankruptcy court for permission to use available cash to fund operations, keeping 44 stores open until early July.
The supermarket chain will close all remaining 44 locations, including two in Bloomington, unless a buyer or investor is found.
According to Indiana's alcohol laws, a grocery store cannot sell hard liquor unless they also operate a pharmacy.
The supermarket closed three Indiana stores in 2011.