1/23/2006

Supervalu Inc. will become the second largest supermarket operator in the U.S. under the terms of a deal in which it will acquire 1,124 Albertson's Inc. stores. Albertson's officials announced the company reached a deal to be acquired by Supervalu and a consortium of real estate and investment firms. About 700 Albertson's-owned drug stores will go to CVS Corp.

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