Stores for Sale? Let’s Make a Deal

Stores for Sale? Let’s Make a Deal

The climate appears ripe for more merger and acquisition activity in the supermarket industry “That Supervalu deal is what we were all waiting for. Once that sale has been digested, it opens up all kind of possibilities for re-shifting the competitive landscape.” — Neil Stern, senior partner, McMillanDoolittle

It looks like 2013 could be a big year for mergers and acquisitions among strategic buyers and private investors, according to industry observers — due to an easing of credit markets and to the floodgates that will open once Supervalu completes the sale of the former Albertsons banners to a private equity consortium.

“That Supervalu deal is what we were all waiting for,” Neil Stern, senior partner at McMillanDoolittle, Chicago, told SN. “Once that sale has been dige

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