Safeway is in play, and the market is trying to figure out what the likely outcome will be.
The Pleasanton, Calif.-based operator said last week it is in discussions concerning a possible transaction involving the sale of the company, though it declined further comment.
Karen Short, senior analyst with Deutsche Bank, New York, told SN she doubts Safeway would have made the announcement “unless talks were fairly far along and there was a high level of conviction” that an agreement ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
Click here to read the FAQ page if you have any questions (opens in a new window)
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.