Albertson’s Chooses To Hold

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

Native Nebraskan in the Pacific Northwest. Chief Storyteller at Bonehook, a guide service and bait shop for brands. Co-founder and editor of AdPulp. Contributor to The Content Strategist. Doer of the things written about herein.