Also categorized in BoardNews:
20 Taiwan Businesspeople To Watch -- James Kuo, Austin Liu and Andy Lu
x hide permanently

The Wall Street Journal: Activist Investor Urges Grocer Supervalu to Split, Explore Sale

wsj.com

An activist investor is turning up its pressure on Supervalu Inc., planning a board fight and urging a breakup and potential sale of one of the nation’s biggest grocery companies. Blackwells Capital LLC, which owns about 4.35% of Supervalu’s stock, privately urged the board to give it three seats and form a committee to review potentially separating Supervalu’s retail and wholesale divisions and selling the wholesale group, according to a letter it sent the board Tuesday evening. ...

Mentions: Sale SuperValu Blackwells Capital