Washington, DC

Safeway For Sale?


From the LA Times:

“Safeway Inc. said Wednesday it is in talks about potentially selling itself, finally addressing buyout rumors that began last year after the grocery giant deflected a takeover bid.

Buyout rumors surfaced in October with reports that private equity firm Cerberus Capital Management was involved in talks to buy some or all of Safeway. Cerberus owns a supermarket business that operates Albertsons and Shaw’s.”

Anyone familiar with Albertsons and/or Shaw’s supermarkets?


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