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?