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Details of agreement of Safeway-Albertsons merger

Original post made on Mar 7, 2014

Safeway Inc. (NYSE: SWY) and Albertsons announced Thursday a definitive agreement under which AB Acquisition LLC ("AB Acquisition") will acquire all outstanding shares of Safeway.

Read the full story here Web Link posted Friday, March 7, 2014, 8:54 AM

Comments (4)

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Posted by Sucker
a resident of another community
on Mar 7, 2014 at 6:36 pm

Let me see if I was selling a house and I owned a car that is parked in the garage and a buyer wants to buy the house but he is a little short on cash so he decide to sell my car and used the proceeds as part of money to buy my house.

Safeway owns the PDC and 49% of Casa Ley and Albertson is selling those assets to pay a portion of the purchase price.

I am voting no on this "buyout".

A Safeway shareholder

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Posted by Cholo
a resident of Livermore
on Mar 8, 2014 at 12:57 pm

lemmy own a house that you wanna sell but somebody else has the deed?

now you want the deed so that you place your name on it...i'm not sure if that will cover you when it comes up for sale?

plus you don't wanna forget that if the house sells you only 13.5% of the interest + cost for all xeroxing.

be cautious...

 +   2 people like this
Posted by david swallow
a resident of Valley View Elementary School
on Apr 19, 2014 at 10:40 pm

I like the Albertson/safeway merger as long as they keep these Texas brands like tom thumbs or randols store and I can lose the rewards card if they keep the Lucerne brands

 +   Like this comment
Posted by Cholo
a resident of Livermore
on Apr 20, 2014 at 12:45 pm

The merger will take place near the Swallow Rancho!


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