One of the enduring curiosities about the proposed sale of Albertsons to the Supervalu-led consortium of buyers has to do with the question of what prompted Albertsons' management and board to decide that it was time to sell. As has been observed in this space on several occasions, it isn't as though Albertsons was on the ropes. It's a company of more than 2,500 stores under nine banners spread across 37 states. It generated some $40 billion in annual sales with reasonable, even if not ...

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