Changes ahead for Safeway, ValleyCare | March 28, 2014 | Pleasanton Weekly | |

Pleasanton Weekly

Opinion - March 28, 2014

Changes ahead for Safeway, ValleyCare

Two major Pleasanton organizations — Safeway, Inc. and ValleyCare Health System — are undergoing operational and financial scrutiny that could affect their employees and the people they serve in Pleasanton. Safeway and Boise-based Albertsons have signed a definitive agreement under which Albertsons will acquire all outstanding shares of Safeway. The merger agreement, which has now been approved by Safeway's board of directors and Albertsons, controlled by Cerberus Capital Management, is likely to mean that Safeway headquarters and much of its corporate responsibilities will be relocated to Idaho.

This story contains 502 words.

If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.

If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.


There are no comments yet for this post