1. Special situations like bankruptcies, spin-offs, and mergers offer unique investment opportunities, with the Albertsons-Kroger merger being a notable example. 2. Despite anti-competitive concerns, Albertsons' stock remains undervalued. 3. ACI's revenue is growing, and its profit margins are decent, making it a strong buy. 4. If the merger is approved, shareholders could see a 47.7% upside; if not, the stock is still expected to rebound due to its low valuation.