Grocery Tycoon With $21 Billion Fortune Caught in FTC's Crosshairs [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
US:NYSE Investor Relations:
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Company Research
Source: Yahoo! Finance
Albertsons Cos. agreed to sell some of their stores to a little-known wholesaler. Most Read from Bloomberg How Much Wealth You Need to Join the Richest 1% Around the World Apple to Wind Down Electric Car Effort After Decadelong Odyssey Supreme Court Immunity Case Jeopardizes Trump Trial Pre-Election This Is Where New Migrants Are Going When They Reach the US Flawed Valuations Threaten $1.7 Trillion Private Credit Boom C&S Wholesale Grocers would buy 413 supermarkets in 17 states for $1.9 billion, creating what Kroger Chief Executive Officer Rodney McMullen called a “fierce competitor” and ensuring no stores would close as a result of the merger. It's an unusual move for a 106-year-old company that isn't known for its retail operations, but Chairman Rick Cohen has long worked to expand the reach of Keene, New Hampshire-based C&S. Cohen, 71, joined his father at the family business in 1974 and grew it into one of the largest grocery wholesalers in the US, building a $21
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ACI
News
- Albertsons Companies' Portland Division Volunteers With Sleep in Heavenly Peace [Yahoo! Finance]Yahoo! Finance
- Travis Kelce and ZenWTR® Launch "Find Yours" Campaign [Yahoo! Finance]Yahoo! Finance
- Albertsons Companies' SoCal Division Volunteers at Baby2Baby's Annual Mother's Day Celebration [Yahoo! Finance]Yahoo! Finance
- Forrester Announces North American Recipients of Its 2024 Customer Obsession Awards [Yahoo! Finance]Yahoo! Finance
- Kroger: Albertsons Merger Creates Highly Skewed Return Potential (Technical Analysis) [Seeking Alpha]Seeking Alpha
ACI
Earnings
- 4/22/24 - Beat
ACI
Sec Filings
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- ACI's page on the SEC website