PLEASANTON, Calif. — Stock in Safeway increased 4.9% Thursday after reports that a Canadian investor with a reputation for activism had taken an undisclosed stake in the retailer. West Face Capital, a Toronto-based firm headed by activist investor Greg Boland, revealed the investment in a letter to clients obtained by the Globe and Mail newspaper. Boland is known for shaking up companies that have underperformed, often through withering public critiques and proxy fights, reports ...

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