Safeway Inc. considers possible sale

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Thursday, February 20, 2014

Reuters: The second-largest U.S. mainstream grocery store operator is considering a sale.

A handful of buyout firms, including Cerberus Capital Management LP CBS.UL, have been exploring a deal for all or part of Safeway, Reuters reported in October.

Cerberus is currently in talks with Safeway about a possible transaction, a person familiar with the matter told Reuters on Wednesday.

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