Albertsons pricing shares lower than expected for IPO

June 26, 2020

Albertsons Cos. has priced its shares at $16 for its initial public offering instead of the $18 to $20 listed in its regulatory filing. The grocery giant has also scaled back the number of shares it will make available to investors from 65.8 million to 50 million.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.