Safeway and Albertsons said Thursday that they have agreed to a merger in which AB Acquistion, the parent of Albertsons, will acquire Safeway for a total value to Safeway shareholders of $40 per share, or $9 billion. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. “This transaction offers us the opportunity to better serve customers by adapting more quickly to evolving shopping preferences in diverse regions across the country. It also brings together ...

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