THE STRANGE SAGA OF ALBERTSONS AND WHAT IT MEANS

The now concluded year-end holiday period brought with it a strange piece of business: the collapse of the Albertsons buyout deal, evidently at the last moment.Actually, the Albertsons situation has been fraught with strangeness since the moment the big chain announced it would offer itself for sale, or, at least, would endeavor to sell off substantial assets. That decision was made known in September.

The now concluded year-end holiday period brought with it a strange piece of business: the collapse of the Albertsons buyout deal, evidently at the last moment.

Actually, the Albertsons situation has been fraught with strangeness since the moment the big chain announced it would offer itself for sale, or, at least, would endeavor to sell off substantial assets. That decision was made known in September. At that time, Alberstons' top officer, Larry Johnson, asserted that the chain inte

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