Tag Archives: Skaggs Companies

Safeway to be sold off for $9 billion

Posted on by

The private equity firm, Cerberus Capital Management, which also happens to be the owner of the Albertsons and several other supermarket chains is now going to purchase the Safeway for $9 billion....

Safeway sold to Cerberus Capital Management, To be merged with Albertsons

Posted on by

Giant American supermarket chain Safeway hinted about a sale of the company last month. Today, Safeway's Board of Director unanimously approved the merger agreement with Cerberus Capital Management,...