Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of SUPERVALU INC (NYSE: SVU) acted responsibly on behalf of investors’ profitability in the planned sale to United Natural Foods Inc (NASDAQ: UNFI).

On July 26, 2018, SUPERVALU INC (NYSE: SVU) and United Natural Foods Inc (NASDAQ: UNFI) announced that they had entered into a merger agreement. Under the terms of the merger agreement, United Natural Foods Inc will offer SUPERVALU INC shareholders $32.50 per share in cash for all outstanding shares.    

Based in Eden Prairie, Minnesota, and founded in 1871 SUPERVALU INC operates as a grocery wholesaler and retailer in the United States and internationally.

The investigation is looking to uncover whether SUPERVALU INC was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $55.00 per share.

If you purchased SUPERVALU INC (NYSE: SVU) prior to July 26, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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