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  • Safeway to merge brands with Albertsons after buyoutadd to reading list  

    Posted on March 7, 2014 at 12:17 PM

    Updated Saturday, Mar 8 at 9:47 AM

    Cerberus Capital Management has reached a preliminary deal to buy Safeway for more than $9 billion. No store closures are expected, but executives said the Federal Trade Commission might require the sale of some stores.

    By Gabrielle Kratsas and Gary Strauss, USA TODAY

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