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 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.