Story | Mar 10, 2014
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Story | Mar 10, 2014 | 2:05 PMThe private equity firm that struck a $9.4 billion deal to buy Safeway has proved it's not afraid to make big supermarket purchases and turn around and make big changes.
Story | Mar 6, 2014 | 5:35 PM
Safeway and Albertsons announced Thursday that the two supermarket chains will merge to create a massive nationwide grocery network that both companies hope will help them compete against big-box retailers, convenience stores and niche grocers. The...
Story | Mar 6, 2014 | 6:07 PM
Story | Mar 6, 2014 | 2:52 PM
(Reuters) - Safeway Inc , the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion. The offer price of $40 per share represents a...