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Feb 19, 2014

U.S. grocer Safeway says exploring sale of company

NEW YORK (Reuters) – Safeway Inc (SWY.N: Quote, Profile, Research, Stock Buzz), the second-largest U.S. mainstream grocery store operator, said on Wednesday it is in talks about a possible sale of the company.

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.

Feb 19, 2014