Albertson’s Chooses To Hold

December 24, 2005 By David Burn Leave a Comment

USA TODAY: Albertson’s is no longer considering a sale of the entire company, officials said late Thursday after CVS and other potential suitors withdrew from talks.
The nation’s second-largest grocery store company said it will continue talks with “several parties” interested in buying its underperforming divisions.
Dave Parker, Albertson’s vice president of investor relations, said in a telephone interview that the Boise-based company decided against selling the whole company because it had not received a bid it found acceptable.

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About David Burn

I wrote my first ad for a local political candidate when I was 17. She went on to win her race, and I felt the power of persuasive copy for the first time. Starting in Portland in 1995, I worked my way across the country as a copywriter and eventually became a content director making media products for big packaged goods brands. I returned to Oregon in 2008, and now I focus on building brands for companies that matter, including this one.