The proposed merger of Safeway and Albertsons could benefit from Safeway’s consumer-data analytics and strong brands and enable Safeway able to strengthen its West Coast base, analysts told SN. Safeway has agreed to be acquired for approximately $9 billion by AB Acquisition Co. a consortium led by Cerberus Capital Management, New York. The deal is expected to be consummated by the end of 2014, resulting in a company with 2,400 stores and volume approaching $60 billion. Asked about the ...
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