The initial news broke on Monday morning that United Supermarkets had been acquired by Albertsons LLC.
United Supermarkets CEO Robert Taylor addressed the media on Monday evening at Lubbock Aero about the buyout.
A lot of different questions were fired in the direction of Taylor during the news conference and the main theme was; what changes would people see because of the buyout?
Taylor's answer was simply - not many.
United Supermarkets involvement in the community will continue to be the same as before, Taylor said, and he hopes the biggest change customers see is no change.
According to Taylor the negations took months in getting this deal done but also stated, "this business moves fast."
There have been no details released about the buyout, like dollar amount, and Taylor said that was because both companies are privately owned.
With the buyout United Supermarkets joins a group of now 1,100 stores owned by Albertsons, Taylor said, and this will allow the stores that Lubbock citizens like to shop at to carry more brands in the future.
One thing that will not change is United Supermarkets commitment to Texas products, Taylor said they will continue to promote locally grown and produced items in their stores.
We will have more on this story, including customers reactions, tonight on Fox 34 News at Nine.