Supervalu ‘Donates’ to Boise University

Supervalu said it would sell one of the headquarters buildings here that it acquired in the 2006 purchase of Albertsons to the Boise State University Foundation at a below-market price, amounting to a gift of “about $3 million,” the company said at its annual meeting yesterday, which it staged here for the first time.

BOISE, Idaho — Supervalu said it would sell one of the headquarters buildings here that it acquired in the 2006 purchase of Albertsons to the Boise State University Foundation at a below-market price, amounting to a gift of “about $3 million,” the company said at its annual meeting yesterday, which it staged here for the first time. “We are excited to be part of that. What a great opportunity,” Jeff Noddle, chairman and chief executive officer of Minneapolis-based Supervalu, told the <

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