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Safeway Inc and Albertsons announce definitive merger agreement


Thursday, 6 Mar 2014 04:53pm EST 

Safeway Inc and Albertsons:Says a definitive agreement under which AB Acquisition LLC will acquire all outstanding shares of Safeway.AB Acquisition is the owner of Albertson's LLC and New Albertson's Inc and is controlled by a Cerberus Capital Management, L.P. (Cerberus)-led investor group, which also includes Kimco Realty Corporation, Klaff Realty LP, Lubert-Adler Partners LP, and Schottenstein Stores Corporation. 

Company Quote

35.08
0.02 +0.06%
26 Dec 2014