(May 30) Supermarket retailer Albertsons Inc., Boise, Idaho, today announced shareholder approval of plans to sell the company to a handful of buyers including Eden Prairie, Minn.-based Supervalu Inc.; CVS Corp., Woonsocket, R.I.; and an investor group led by New York's Cerberus Capital Management.

Albertsons said 98% of its stockholders representing 60% of the firm's outstanding common shares voted in favor of the proposed merger deal.

Separately, Supervalu today announced its shareholders' support of the transaction by a margin of 92.6%, representing 80.7% of the outstanding shares.