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Albertson’s Articles

Safeway Sold for About $9.4 Billion Safeway Sold for About $9.4 Billion

Safeway Inc., the second largest U.S. grocery store chain, said Thursday it agreed to be acquired by the supermarket chain Albertson’s, which is backed by the private equity firm Cerberus Capital Management, for about $9.4. billion. Albertson’s offer price was …