Steve Spinner
UNFI to Buy Supervalu for $1.35 Billion
U.S. grocery retailer Supervalu Inc. (Minnesota) said it will sell itself to Rhode Island-based United Natural Foods Inc. (UNFI), a distributor of natural and organic foods, for $1.35 billion, after coming under pressure from shareholders to explore a sale, according to Reuters. UNFI is the primary supplier for Amazon.com, Inc.’s Texas-based grocery chain Whole Foods ...
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