When M&A goes wrong
Examining how the sale of a California supermarket to a private equity firm turned rotten
Behind the Money · Manuela Saragosa
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Show Notes
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
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For further reading:
The inequity method of accounting
Opposition shadows Cerberus windfall from Albertsons supermarket deal
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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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