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BLOG POST: Private Equity Set to Loot Albertsons Ahead of Proposed Merger With Rival Kroger

February 16, 2023

Cerberus Capital Management, the private equity owner of Albertsons grocery stores, is quickly moving to extract an unusually large amount of money from the grocer that would leave Albertsons in a much worse position to repay the massive debt load put on by its private equity owners. This move puts many of Albertsons’ workers and their pensions at risk. Read More