To The (Super)Market
The Minneapolis/St. Paul Business Journal reports that:
Supervalu Inc. said Tuesday the waiting periods for its proposed acquisition of Albertson’s Inc. have expired. Eden Prairie-based Supervalu is part of a consortium of companies buying Albertson’s for $9.8 billion in cash and stock. Other members of group include pharmacy chain CVS Corp. and investors Cerberus Capital Management, Kimco Realty, Schottenstein Stores Corp., Lubert-Adler Partners and Klaff Realty. The U.S. Federal Trade Commission reviewed the deal and decided no divestitures would be necessary. The agency did not put any conditions or restrictions on the deal.
Technorati Tags: Antitrust, Supervalu, Albertson’s, CVS, Cerberus Capital Managment, Kimco Realty, Schottenstein Stores, Lubert-Adler Partners, Klaff Realty
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