The British grocery chain WM Morrison Supermarkets ADR (OTC: MRWSY) was one step closer to acquisition from the U.S. private equity firm Clayton, Dubilier & Rice (CD&R) following an auction that ended with a $9.65 billion bid.
SoftBank Group (OTC:SFTBY)-backed Fortress Investment Group has agreed to buy Wm Morrison Supermarkets PLC (OTC:MRWSY) for about $8.7 billion, Bloomberg reports. Last month,…