Supermarket wholesalers played "Let's Make a Deal" in 1994, but some swung open the wrong door and walked away with the boobie prize. The deals involved mergers and major acquisitions, all fueled by the rush to consolidate and create larger, higher-volume companies. But some players, particularly wholesale cooperatives, failed to consummate proposed arrangements. Perhaps the catalyst for merger-mania was Minneapolis-based Supervalu's great success with integrating Wetterau into its ...

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