Safeway Agrees to Be Bought by Albertsons

Safeway Agrees to Be Bought by Albertsons Play

March 6 (Bloomberg) -- Safeway agreed to be bought by Cerberus Capital Management’s Albertsons in a deal valued at about $9.2 billion as food retailers struggle with competition from big-box rivals and warehouse clubs. Cristina Alesci has more on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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