other material
confidence high
sentiment neutral
materiality 0.60
Albertsons extends lock-up with major holders until Q2 earnings or Oct 18; adds HPS to similar lock-up
Albertsons Companies, Inc.
- Lock-up extended for Cerberus, Klaff, Lubert-Adler, Jubilee to sooner of Q2 earnings or Oct 18, 2022.
- New lock-up agreement with HPS Investment Partners covers its Series A Preferred and Class A Common stock.
- Group holds approximately 360M shares of Class A common stock on a fully-converted basis.