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Federal Trade Commission approves sale of Albertson's


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The Paperboy
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Joined: 26 Feb 2006
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Federal Trade Commission approves sale of Albertson's

Albertson's Inc. , the nation's second-largest grocery store chain, announced Tuesday that the Federal Trade Commission has approved the $9.7 billion sale of the company to a consortium led by Minnesota-based grocer Supervalu Inc. and drugstore chain CVS Corp.

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Source: Boston.com -- Maine news
Continuously updated Maine news from Associated Press and Reuters.

Post Tue 14 Mar, 2006 11:00 pm 
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tumbleweed
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Joined: 14 Feb 2006
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Albertson's Inc. seems to be the Wal-Mart of the grocery business. Perhaps this will help control high food prices.
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Post Wed 15 Mar, 2006 10:38 am 
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