merger

Retail
UNFI Completes Supervalu Acquisition

United Natural Foods has completed the previously announced acquisition of Supervalu for $32.50 per share in cash, or $2.9 billion, including the assumption of outstanding debt and liabilities.

Retail
Walgreens, Rite Aid Scrap Merger Plans

Walgreens and Rite Aid have terminated their merger agreement. The decision to terminate the merger agreement follows feedback on the merger’s prospects received from the Federal Trade Commission, Rite Aid said. Rite Aid added that the potential FTC objection led the company to believe that the parties would not have obtained the commission’s clearance to complete the merger.

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