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SUPERVALU INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

Share:

Rigrodsky & Long, P.A.:

  • Do you own shares of SUPERVALU INC. (NYSE: SVU)?
  • Did you purchase any of your shares prior to July 26, 2018?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky
& Long, P.A.
announces that it is investigating potential legal
claims against the board of directors of SUPERVALU INC. ("SUPERVALU" or
the "Company") (NYSE: SVU)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
United Natural Foods, Inc. ("UNFI") (NASDAQ GS: UNFI)
in a transaction valued at approximately $2.9 billion. Under the terms
of the agreement, shareholders of SUPERVALU will receive $32.50 in cash
for each share of SUPERVALU common stock.

If you own common stock of SUPERVALU and purchased any shares before
July 26, 2018, if you would like to learn more about this investigation,
or if you have any questions concerning this announcement or your rights
or interests, please contact Seth D. Rigrodsky or Gina M. Serra at
Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington,
Delaware 19801, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

Rigrodsky
& Long, P.A.
, with offices in Wilmington, Delaware, Garden City,
New York, and San Francisco, California, has recovered hundreds of
millions of dollars on behalf of investors and achieved substantial
corporate governance reforms in numerous cases nationwide, including federal
securities fraud actions, shareholder class actions, and shareholder
derivative actions
.

Attorney advertising. Prior results do not guarantee a similar outcome.

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