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Albertsons News
Supervalu outlines spending, store opening plans
YAHOO
Reuters - Supervalu Inc. said on Wednesday it has earmarked $1 billion of capital spending for its retail operations in fiscal 2007 as it integrates the stores it acquired from Albertsons Inc.
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Supervalu shareholders approve Albertsons deal
YAHOO
Reuters - Supervalu Inc. on Tuesday said its shareholders overwhelmingly approved a plan to buy most of Albertsons Inc.'s grocery operations, a move that will make Supervalu one of the biggest U.S. grocers.
Albertsons News
Albertsons quarterly profit rises just before deal
YAHOO
Reuters - Albertsons Inc. , the U.S. grocer being acquired by a consortium of retailers and financial buyers, said on Tuesday quarterly profit rose, driven by higher gross margins, but sales slipped.
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Albertsons discloses acquisition details
YAHOO
Reuters - Albertsons Inc. said in a Securities and Exchange Commission filing issued on Friday it had agreed to provide additional detail on a proposed takeover to settle a previously disclosed class-action lawsuit.
Albertsons News
Supervalu quarterly profit falls
YAHOO
Reuters - Supervalu Inc. , which is set to buy most of Albertsons Inc.'s grocery operations, posted a lower quarterly profit on Tuesday, dragged down by charges related to selling some operations and costs to improve its supply chain.
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U.S. waiting period for Albertsons deal expires
YAHOO
Reuters - The waiting periods for Albertsons Inc.'s acquisition by Supervalu Inc. , CVS Corp. and others have expired, the companies said on Tuesday.
Sources: YAHOO
Albertsons posts lower quarterly profit
YAHOO
Reuters - Albertsons Inc. , the grocer set to be acquired by a consortium of retailers and financial buyers, on Tuesday posted a lower quarterly profit as it struggled with competition from Wal-Mart and traditional supermarkets.
Sources: YAHOO
Albertsons board backs chief executive - WSJ
YAHOO
Reuters - NEW YORK (Reuters) -The board of US retailer Albertsons Inc. is backing Chief Executive Larry Johnston despite last week's collapse of a plan to sell the company, The Wall Street Journal reported on Wednesday.
Sources: YAHOO
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