When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy. That’s not what happened when a private equity firm recently bought a California grocery store chain. The FT’s Wall Street editor Sujeet Indap explains how the deal went off the rails**,** and how the supermarket’s owners might end up paying millions of dollars to sell their company.
Clip from KCRA
For further reading:
The inequity method of accounting)
Opposition shadows Cerberus windfall from Albertsons supermarket deal)
The pool is closed, part 1)
On X, follow Sujeet Indap (@sindap)) and Michela Tindera (@mtindera07)), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com)
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