Business
Yucaipa, the billionaire investor’s firm, plans to acquire up to 12% of the shares of Supervalu, owner of Albertsons and Bristol Farms.
Aug. 11, 2006
Supervalu Inc., which is set to become the second-largest traditional U.S. grocery chain once it buys most of Albertsons Inc.’
May 23, 2006
Supervalu Inc., the nation’s No. 3 supermarket chain, said Tuesday that its fiscal third-quarter earnings jumped almost 51% because of its purchase of grocery chain Albertsons Inc.
Jan. 10, 2007
SuperValu Inc., the largest U.S. distributor of food to supermarkets, agreed to buy Richfood Holdings Inc. for about $858 million in cash and stock to build its business in the mid-Atlantic U.S.
June 10, 1999
One of the buyers in the $11.1-billion deal plans to refurbish the chain’s Southland markets.
Jan. 24, 2006
Albertsons Inc. announced that the Federal Trade Commission had approved the $11.1-billion sale of the company to a consortium led by Minnesota-based grocer Supervalu Inc. and drugstore chain CVS Corp.
March 15, 2006
Supervalu Inc., the nation’s third-biggest supermarket chain operator, said Tuesday its earnings nearly quadrupled in its second quarter because of its purchase of Albertsons grocery stores.
Oct. 11, 2006
Shareholders approved the sale of much of Albertsons Inc. to a group led by Supervalu Inc. on Tuesday, bringing Supervalu closer to its goal of being one of the nation’s largest grocers.
May 31, 2006
Supervalu Inc. is selling five of its top supermarket chains — Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market — to an investor group owned by Cerberus Capital Management for $100 million in cash.
Jan. 10, 2013
Supervalu sells grocery chains, including Albertsons, to Cerberus