Albertson's (ABS) Shareholders Approve Merger Agreement
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.
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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