Supervalu and Albertsons Reach Agreement on Winding Down Transition Services Agreement (TSA)
SEAFOODNEWS.COM [Supermarket News] By Jon Springer - April 21, 2015 -
Supervalu has come to agreement with New Albertsons Inc. and Albertsons LLC to wind down the transition services it has been providing to the companies.
The agreement calls for Supervalu to receive $50 million from Albertsons, payable in eight payments of $6.25 million every six months, in exchange for winding down its transition service agreements with Albertsons.
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