The Stalwart submits: Monday's announcement that supermarket chain Albertson's (ABS) would be acquired gave more evidence that savvy buyers are learning the value of teamwork. Like the VNU offer, Albertson's will be acquired by a group of buyers which, in this case, includes Supervalu (SVU), CVS Corp. (CVS), as well as private equity group Cerberus Capital Management, which will continue to operate Albertson's branded outlets.
The significance of a tag-team buyout is that bidding won't go crazy, and end up with a winner who has sorely overpaid. Definitely a trend worth keeping an eye out for.
Related Articles
|
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
More by The Stalwart
Articles on related themes
Apparel & Footwear
Department & Discount
e-Commerce
Food & Restaurants