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    1. Supervalu Off Stock Market for First Time Since 1967 as United Natural Foods Completes $2.9 Billion Deal

      Supervalu Off Stock Market for First Time Since 1967 as United Natural Foods Completes $2.9 Billion Deal

      United Natural Foods Inc. closed its $2.9 billion purchase of Supervalu Inc. on Monday, with Supervalu shares disappearing from the New York Stock Exchange as the first sign of the completed takeover. In coming months, United Natural aims to sell Supervalu’s grocery store chains, including Cub Foods, and narrow its business to wholesale distribution similar to its own. United Natural Foods, based in Providence, R.I., is the nation’s largest distributor of organic and natural foods...

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    2. Activist Ends Board Fight at Supervalu, Allowing its Sale to Proceed

      Activist Ends Board Fight at Supervalu, Allowing its Sale to Proceed

      An activist investor dropped its effort to replace Supervalu Inc.’s board of directors, the company said Tuesday, three business days after the company announced its sale to another major food distributor. Blackwells Capital LLC, a New York investment firm that built a sizable stake in Eden Prairie-based Supervalu over the past year, proposed an alternative slate of board candidates for shareholders to vote upon at the company’s Aug. 16 annual meeting...

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    3. Activist Investor Nominates Six Executives to Supervalu's Board

      Activist Investor Nominates Six Executives to Supervalu's Board

      The activist investor seeking strategic changes at Supervalu Inc. on Tuesday nominated six outside directors to be voted on by shareholders at the company’s annual meeting. The move by Blackwells Capital LLC is the most aggressive yet since it revealed last fall that it had taken a sizable stake in the Eden Prairie-based grocery wholesaler and retailer, whose chains include Cub Foods, market leader in the Twin Cities...

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    4. Wall Street Bonuses Spike 17 Percent in 2017

      Wall Street Bonuses Spike 17 Percent in 2017

      Wall Street bonuses spike 17 percent in 2017 They jumped 17 percent from the year before. By Renae Merle Washington Post March 26, 2018 — 7:38pm FILE - In this Friday, Nov. 13, 2015, file photo, the American flag flies above the Wall Street entrance to the New York Stock Exchange. Global stocks mostly rose Wednesday, Nov. 22, 2017, after Wall Street hit new highs and Hong Kong's Hang Seng index closed above the 30,000 level for the first time in over 10 years...

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    5. Buffalo Wild Wings Gets Takeover Offer from Roark

      Buffalo Wild Wings Gets Takeover Offer from Roark

      The owner of Arby’s, Hardee’s and Jimmy John’s has offered to buy Buffalo Wild Wings, the Wall Street Journal reported late Monday, and the news sent the Golden Valley company’s shares soaring in after-hours trading. Roark Capital, an Atlanta-based investment firm, offered about $150 a share, or $2.3 billion, for Buffalo Wild Wings, the Journal said citing people familiar with the offer. That’s a 28 percent premium to the closing price of $117.25 for Buffalo Wild Wings shares on Monday...

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    6. Showdown Over Buffalo Wild Wings Future Set for June 2

      Showdown Over Buffalo Wild Wings Future Set for June 2

      Buffalo Wild Wings Inc. this morning fired back at the activist investor trying to take control of the company, saying he has “no credible plan” to run it and urging shareholders to stay with current leaders. The company set a June 2 date for its annual shareholders meeting, a usually perfunctory event that this year will be a turning point in its 35-year history...

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    7. Progress Slow on Reaching Gender Parity on Corporate Boards

      Progress Slow on Reaching Gender Parity on Corporate Boards

      The percentage of women on the boards of S&P 500 companies is still only 20 percent, making little progress from the year before, a new national report has found. And while at least a dozen of Minnesota’s public companies — led by Best Buy, Ameriprise Financial and Patterson Companies — have better representation than the nation as a whole, the percentage for all the state’s public companies lags behind the national average ...

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    8. Samsung Vote Pits South Korea's Richest Family Against Small Shareholders, Foreign Funds

      Samsung Vote Pits South Korea's Richest Family Against Small Shareholders, Foreign Funds

      SEOUL, South Korea — A vote on combining companies in the Samsung empire is pitting its wealthy founding family against small shareholders and foreign investors in a rare challenge to the power of South Korea's ubiquitous business conglomerates. Shareholders at construction company Samsung C&T will vote Friday on the proposed takeover of it by another Samsung company, Cheil Industries...

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    9. Best Buy CEO Hubert Joly Adds Chairman to His Title

      Best Buy CEO Hubert Joly Adds Chairman to His Title

      Best Buy CEO Hubert Joly solidified his reign over Richfield-based electronics retailer on Tuesday when he officially added the title of chairman. The bureaucratic move, approved at Best Buy’s annual shareholders meeting, was a sign of the board’s confidence in Joly and his Renew Blue strategy that has revived a retailer whose imminent demise some critics wrongly predicted...

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