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FTC clears Albertsons' purchase of Safeway
2015-01-28 02:41:23| Grocery - Topix.net
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clears
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safeway
Albertsons and Safeway Receive U.S. FTC Clearance for Proposed Merger
2015-01-27 20:32:12| Grocery - Topix.net
As previously announced, Albertsons and Safeway entered into agreements to sell such stores to four FTC-approved buyers. Albertsons and Safeway also agreed to settlements with the attorneys general of .
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proposed
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merger
Safeway, Albertsons Agree to Sell Stores
2014-12-20 02:27:23| Grocery - Topix.net
Safeway Inc. and the owner of rival supermarket operator Albertons have agreed to sell 168 stores in a bid to gain merger approval from antitrust regulators.
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stores
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safeway
Safeway declares quarterly dividend as Albertsons take-over nears completion
2014-12-15 17:29:38| Grocery - Topix.net
Pleasanton-headquartered Safeway, Inc.s board of directors has declared a regular quarterly cash dividend of $0.23 per share, payable on Jan. 2 to stockholders of record at the close of business on Dec. 26. Safeway, a Fortune 100 company and one of the largest food and drug retailers in North America based on sales, is on the verge of completing its $9.4 billion merger with its rival Cerberus Capital Management LP's Albertsons, possibly during the current quarter. A recent report in The Wall Street Journal said deal between the supermarket giants, yet to be approved by the Federal Trade Commission, comes as traditional grocery stores come under tougher competition from retailers such as WalMart and online marketplaces such as Amazon.com.
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declares
Safeway Sales Rise as Albertsons Merger Nears
2014-10-15 16:25:07| Grocery - Topix.net
Safeway Inc., which is on the verge of completing its merger with rival Albertsons, said its revenue for the most recent period increased slightly, as the supermarket operator expressed belief in a modest rebound in consumer confidence. Safeway is expected to complete its $9.4 billion merger with Cerberus Capital Management LP's Albertsons during the current quarter, pending approval by the Federal Trade Commission.
Tags: sales
rise
merger
safeway
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