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An investor group led by Cerberus Capital Management has struck a deal to acquire Pleasanton, Calif.-based grocery store chain Safeway for roughly $9 billion in the largest leveraged buyout so far this year.
Loblaw Companies Limited Executive Chairman Galen Weston speaks during the annual general shareholders' meeting in Toronto, in this May 2, 2013 file photo.
The two largest grocery stores in the United States, Kroger and Safeway , have made commitments to not sell GMO salmon.
Patch Staff Report Chesnut Charter Elementary School in Dunwoody is expanding its wellness programs thanks to an infusion of funds from two grants awarded this school year: the Whole Kids Foundation School Garden Grant and the Fuel Up to Play 60 Award.
Bi-Lo Holdings LLC, the Jacksonville, Fla.-based parent company of Winn-Dixie Stores Inc., and Bi-Lo LLC, plans to change the banners of 10 Georgia stores.
15, 2019. The c... )--In response to the growing need for high-quality, functional pianos in public schools, the VH1 Save The Music Foundation in partnership with singer/songwriter/pianist Sar... )--Homeowner pre-registration exceeded the required threshold in a second area of Starkville over the weekend - helping it qualify for C Spire's ... (more)
Windstream Communications today unveiled its plans to use Infinera's DTN-X optical gear to build its first national long-haul network based on DWDM.
With its membership model, Costco's appeal centers on low prices -- and a no-frills shopping experience is critical to achieving that mission.
In a move that could have far-reaching implications for the Tri-Valley, Safeway Inc. and Albertsons announced a merger agreement for the two grocery chains Thursday under which the owner of Albertsons will buy all outstanding Safeway stock in a $9 billion deal.
The company's United States retail operations are located principally in California, Hawaii, Oregon, Washington, Alaska, Colorado, Arizona, Texas, the Chicago metropolitan area, and the Mid-Atlantic region.
At the end of the day investors always want a good return for their hard earned money.
The owners of Hobby Lobby and a sister company, Mardel Inc., a Christian bookstore, sued the government in September, claiming the Affordable Care Act's mandate to provide certain emergency contraceptives violates their Christian beliefs.
Elizabeth Cooke isn't against megastores. She just doesn't want Kroger Co. to bulldoze its store at 116th Street and Olio Road to make way for a 123,000-square-foot Kroger Marketplace.
Northern California's undisputed grocery giant has been purchased by the private equity firm Cerberus Capital Management in a $9.4 billion deal that essentially merges the Bay Area's dominant grocery chain with Albertsons.
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Safeway Inc. concerning the proposed acquisition of the Company by the private equity firm, Cerberus Capital Management, L.P. .
's stock had its "sell" rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Monday, Analyst Ratings Network reports.