Updated: 01/28/2013 4:58 PM KSTP.com By: Maricella Miranda
A handful of Supervalu executives are likely to receive golden parachutes when they leave their jobs as part of the company's recent sale.
Four executives from the Eden Prairie-based grocer likely will share nearly $23 million when they leave the company, Bloomberg reported Monday.
New York-based Cerberus Capital Management, a private investor group, agreed to acquire Supervalu’s Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market grocery stores.
The transaction, announced earlier this month, valued at about $3.3 billion.
More information about the sale can be found on Cerberus' website here.
Photo courtesy of Bloomberg.
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