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Supervalu Seeks to Reorganize Corporate Structure

from Progressive Grocer

Supervalu Inc. has made a proposal to reorganize its corporate structure to further facilitate the its strategic transformation, among other benefits to stockholders. The proposal, as laid out in Supervalu's preliminary proxy statement/prospectus filed June 12 with the U.S. Securities and Exchange Commission, would reorganize the company's corporate structure into a holding-company structure. more

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