FILING DETAILS COURTSHIP OF ALBERTSONS

BOISE, Idaho - Albertsons considered a variety of recapitalization schemes, an offer to sell selected stores to a competitor, and plans to operate as a smaller independent or buy a public competitor before finally accepting a $14.7 billion offer from Supervalu, Cerberus Capital and CVS.Supervalu, the Minneapolis-based purchaser of the majority of Albertsons' stores, detailed the stormy courtship of

BOISE, Idaho - Albertsons considered a variety of recapitalization schemes, an offer to sell selected stores to a competitor, and plans to operate as a smaller independent or buy a public competitor before finally accepting a $14.7 billion offer from Supervalu, Cerberus Capital and CVS.

Supervalu, the Minneapolis-based purchaser of the majority of Albertsons' stores, detailed the stormy courtship of Albertsons here last week in a preliminary proxy filing. The deal, which cleared feder

Register to view the full article

TAGS: Supervalu