All Posts Tagged Tag: ‘Supervalu’

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 $40 per share, which is a little upside overall from current market share prices. Safeway closed at the New York …

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