Printer Friendly

SUPERVALU AND WETTERAU MAKE JOINT ANNOUNCEMENT

 SUPERVALU AND WETTERAU MAKE JOINT ANNOUNCEMENT
 MINNEAPOLIS, Aug. 31 /PRNewswire/ -- SUPERVALU Inc. (NYSE: SVU) and


Wetterau Incorporated (NASDAQ: WETT) today jointly announced that the Hart-Scott-Rodino 30-day waiting period has expired without an additional request for information from the Federal Trade Commission.
 Wetterau stated that it had filed preliminary proxy materials with the Securities and Exchange Commission in early August but had not yet received comments. Therefore, the special meeting of Wetterau shareholders to consider and vote upon the merger has not been scheduled but is expected to be held by late October.
 SUPERVALU and Wetterau had announced in July that they had signed a definitive merger agreement providing for the acquisition of Wetterau by SUPERVALU. The definitive merger agreement provides that Wetterau's common shareholders would receive $30.25 per share in cash from SUPERVALU in a taxable transaction.
 -0- 8/31/92
 /CONTACT: Jeff Girard of SUPERVALU, 612-828-4028, or Dick Dalton of Wetterau, 314-595-4100/
 (SVU WETT) CO: SUPERVALU Inc., Wetterau Inc. ST: Minnesota IN: REA SU: JVN


MA -- MN005 -- 5004 08/31/92 13:38 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 31, 1992
Words:176
Previous Article:BLOOMINGDALE'S PRESENTS SHOWSTOPPERS; BYRON LARS AND A BENEFIT FOR LA MAMA LIFT THE CURTAIN ON A NEW SEASON
Next Article:THE FORMATION OF A PRIVACY SERVICE ANNOUNCED IN DETROIT
Topics:


Related Articles
SUPERVALU ANNOUNCES LETTER OF INTENT
SUPERVALU AND WETTERAU ANNOUNCE REVISED LETTER OF INTENT
SUPERVALU HELPS OPEN FIRST U.S.-STYLE SUPERMARKET IN MOSCOW
SUPERVALU COMPLETES THE ACQUISITION OF WETTERAU
SUPERVALU COMPLETES THE ACQUISITION OF WETTERAU
SUPERVALU INC. REPORTS RESULTS
SUPERVALU ANNOUNCES RECORD THIRD QUARTER RESULTS AND DECLARES DIVIDEND
SUPERVALU TO ACQUIRE SWEET LIFE FOODS, INC.
SUPERVALU ANNOUNCES KEY EXECUTIVE ALIGNMENT
SUPERVALU INC. Announces Richfood Consideration Election Results.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters