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strategic transformation

Supervalu seeks to become a holding company

Supervalu seeks to become a holding company

MINNEAPOLIS — Supervalu Inc. on Tuesday said it was proposing a plan to tranform itself into a holding company. The change in corporate structure would help enable the company’s strategic transformation, according to Supervalu proposal, which was outlined in a preliminary proxy statement/prospectus filed with the U.S. Securities and Exchange Commission. According to the proposal,