albertsons stock price
Please check back later. Albertsons Companies, Inc. operates as a food and drug retailer. The Company offers prescriptions, immunizations, health kiosks, diabetes and pet medications, health screenings, wellness products, and medicines for various health conditions. Albertsons Companies serves customers in the United States. Company Description. We are one of the largest food and drug retailers in the United States, with both strong local presence and national scale. As of December 3, 2016, we operated 2,327 stores across 35 states and the District of Columbia under 19 well-known banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Carrs and Haggen. Headline Trends for Albertsons Companies (NYSE:ABS) Latest Headlines for Albertsons Companies (NYSE:ABS) Frequently Asked Questions for Albertsons Companies (NYSE:ABS) Albertsons Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol ABS.. (ABS) raised $1.6 billion in an initial public offering on Tuesday, December 1st 2015. The company issued 65,300,000 shares at $23.00-$26.00 per share. Cerberus-backed Albertsons will offer Safeway shareholders $32.50 a share in cash, in addition to a contingent consideration worth an estimated $3.65 a share and a distribution of stock in Blackhawk Network Holdings (HAWK) worth $3.95 a share. The latter distribution was announced in February as part of Safeway's 2014 outlook. The value of the SUPERVALU stock, based on a $32.65 average stock price using the 20 day trading average of the closing price of the SUPERVALU stock through January 20, 2006, is $5.94. The $20.35 in cash plus $5.94 in SUPERVALU stock yields a total consideration per share of $26.29. Albertsons Companies, Inc. is a food and drug retailer in the United States. As of September 10, 2016, the Company operated 2,320 stores across 35 states and the District of Columbia under 19 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Carrs and Haggen. Companies aiming to list their shares worry about skittish market. Albertsons Companies Inc. has delayed its initial public offering, according to people familiar with the plan. The company is continuing to evaluate market conditions, and the deal could still be launched in the next day or so, the people said. BOISE, Idaho, Jan. 23 / PRNewswire-FirstCall – Albertson’s, Inc. (NYSE: ABS) announced today that it has entered into a definitive agreement to sell the entire company to a consortium of investors for a total transaction value of approximately $17.4 billion in cash, stock and assumed debt, including the settlement of the Albertsons Hybrid Income ... Now, Safeway has a takeover deal on the table from Albertsons' parent, AB Acquisition. Thursday's deal will offer Safeway shareholders a cash payment of less than the company's stock price, and a small overall premium. Safeway shares, however, have gained over 21% as speculation of a deal mounted. Profile Albertsons Companies. Albertsons Cos., Inc. operates as a grocery store. The company was founded on June 23, 2015 and is headquartered in Boise, ID.
$32.50 a share in cash