Thursday, March 21, 2013

News Break:

Acme begins new era Friday morning!

SuperValu will turn Acme over to the new owners over night tonight. AB Acquisition LLC, an affiliate of Cerberus Capital Management, will take control of the chain along with Alberstons (SuperValu owned division), Shaw's and Star Market and Jewel-Osco as well as the Sav-on in-store pharmacies. Since Cerberus is not a publicly traded company, details of the behind-the-scenes plans are going to be hard to come by. You can read more of the news over at yahoo finance.

No comments:

Post a Comment