BOISE, Idaho - The same consortium whose bid for Albertsons was rejected last month reportedly submitted a new offer for the company late last week. Sources said the revised acquisition proposal, for a reported 18 cents more per share, significantly resolved a potential antitrust issue in the Chicago market that may have scuttled the earlier deal. Under the new scenario, Supervalu would sell its 40 or so Cub Stores in Chicago to Cerberus Capital Management, which would clear the way for ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.