Cases
SUPERVALU Inc. (SVU)
Merger
Overview
Overview
- Date:
- 8/7/2018
- Company Name:
- SUPERVALU Inc.
- Stock Symbol:
- SVU
- Company Name - Buyer:
- United Natural Foods, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 8/7/2018
NEW YORK, August 7, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against SUPERVALU Inc. (NYSE: SVU) on behalf of stockholders concerning the proposed acquisition of the company by United Natural Foods, Inc.
Pursuant to the proposed transaction, announced on August 7, 2018 and valued at approximately $2.9 billion, SUPERVALU stockholders will receive $32.50 for each of their SUPERVALU common stock. Our investigation concerns whether SUPERVALU’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with United Natural Foods, Inc.
If you own SUPERVALU shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on August 7, 2018 and valued at approximately $2.9 billion, SUPERVALU stockholders will receive $32.50 for each of their SUPERVALU common stock. Our investigation concerns whether SUPERVALU’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with United Natural Foods, Inc.
If you own SUPERVALU shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.