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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of SUPERVALU INC. (NYSE: SVU) to United Natural Foods, Inc. (NASDAQGS: UNFI) for $32.50 per share.
The SUPERVALU merger investigation concerns whether the Board of SUPERVALU breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether United Natural Foods, Inc. is underpaying for SUPERVALU shares, thus unlawfully harming SUPERVALU shareholders.
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