PLEASANTON, Calif. — Investors in Safeway’s Blackhawk Network Holdings will raise up to $220 million in the gift card company’s initial public offering, Blackhawk said in a filing Monday. Blackhawk, which is majority-owned by Safeway, said its current shareholders plan to offer 10 million shares on the public market, priced between $20 and $22 per share. Blackhawk itself would not receive proceeds for the offering. The company said it has applied to list on the Nasdaq ...

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