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8 min ago | Hispanic Business
It's certainly not in every instance, although sometimes it seems like it, when a merger is announced some law firm pops out a new release informing shareholders that a law firm is investigating the transaction for any possible breach of fiduciary duty.
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4 hrs ago | Just-food.com
This week, Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces.
AB Acquisition is the Cerberus-controlled entity that owns the Albertson's supermarket banners, among others.
Safeway Inc. began as Skaggs , which opened its first store in 1915 and grew into Safeway in 1926, which has been a mega grocery store for close to 100 years.
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. .
SWY has been the subject of a number of other recent research reports. Analysts at Susquehanna upgraded shares of Safeway to a "neutral" rating in a research note on Friday.
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Safeway, Inc. related to the sale of Safeway to AB Acquisition LL.
Analyst sees groceries as 'massive' opportunity for Amazon Amazon.com's grocery initiative, Amazon Fresh, could spark a new, long-term growth spurt for the company, research firm PiperJaffray wrote in a note to investors earlier today.
Sacramento County District Attorney Jan Scully announced Thursday that Safeway Inc. has agreed to settle a civil law enforcement action that alleges the company engaged in false advertising and unfair competition, and violated a 2008 injunction.
Safeway Inc. agreed to settle and pay $2.25 million in civil penalties and restitution for false advertising and unfair pricing, the Santa Cruz County District Attorney's Office announced Thursday.
With about 2,600 local employees between its Pleasanton grocery stores and headquarters' operations, Safeway is the city's second largest employer.
Safeway and Albertsons announced on Thursday that the two supermarket chains will merge to create a massive nationwide grocery network that both companies hope will help them compete in a market they have been steadily losing to big-box retailers, convenience stores and niche grocers.
It was announced that the , which is controlled by private equity firm Cerberus Capital Management L.P. agreed to acquire Safeway.
The merger agreement was unanimously approved by the Board of Directors of Safeway.
As part of the Safeway transaction, Kimco will contribute up to $90 million of new equity, together with its existing equity stake in the remaining Albertsons investments, and will hold a 9.94 percent ownership interest in the combined companies.
OnDeck , a New York-based platform for lending to "Main Street businesses," has raised $77 million in growth equity funding.
Safeway's announcement last month that it was in talks to sell itself is the latest sign from the troubled grocery industry that supermarkets have fallen out of style.