NEW YORK — An executive with an advisory firm charged with selling the Albertsons chain tipped off a financial analyst that the massive deal was imminent, and the subsequent trading of Albertsons stock netted $3.6 million in illegal profits, according to a lawsuit filed in U.S. District Court here last week. Ramesh Chakrapani, a managing director in Blackstone Group's mergers and acquisitions practice, was arrested and charged with conspiracy and securities fraud, according to the suit ...
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.
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.