Drugstore chain says it will buy Albertson’s Inc.

Staff and wire reports MINNEAPOLIS — An investment group led by grocer Supervalu Inc. and drugstore chain CVS Corp. said Monday it will buy Albertson’s Inc., the nation’s second-biggest traditional grocery store chain, for $9.7 billion in cash and stock. Albertson’s stockholders will get $26.29 per share in cash and Supervalu stock. The investment group […]