Albertson's (ABS) Shareholders Approve Merger Agreement
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Albertson's, Inc. (NYSE: ABS) announces approximately 98% of the total shares that voted on the approval of the transaction merger agreement voted FOR its approval. As a result, the merger agreement for the transaction has been approved.
The vote of the Albertsons shareholders was on various aspects of the proposed sale of the company to a consortium of investors made up of SUPERVALU Inc., CVS Corporation and an investor group led by Cerberus Capital Management.
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