Albertsons Companies Announces Review of Strategic Alternatives
The Board of Directors of Albertsons Companies, Inc. (NYSE: ACI) announced today that it has commenced a Board-led review of potential strategic alternatives aimed at enhancing Albertsons growth and maximizing shareholder value.
- The Board of Directors of Albertsons Companies, Inc. (NYSE: ACI) announced today that it has commenced a Board-led review of potential strategic alternatives aimed at enhancing Albertsons growth and maximizing shareholder value.
- The review will include an assessment of various balance sheet optimization and capital return strategies, potential strategic or financial transactions and development of other strategic initiatives to complement Albertsons existing businesses, as well as responding to inquiries.
- The Board has not set a timetable for the conclusion of this review, nor has it made any decisions related to any further actions or potential strategic alternatives at this time.
- There can be no assurance that the review will result in any transaction or other strategic change or outcome.