Group to Buy Albertson’s for $9.8B

January 22, 2006

An investor group led by Supervalu Inc. agreed on Monday to buy struggling grocery chain Albertson’s Inc. for $9.8 billion in cash and stock, ending an intense auction that only weeks before had fallen apart.

*For more on this story,

read the full Reuters article.

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Group to Buy Albertson’s for $9.8B

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