LIVE GAME UPDATES: Broncos vs. Seahawks
Switch to Q13 FOX immediately after Seahawks game for official postgame show

Safeway putting itself up for sale?

SEATTLE — Safeway has confirmed that it is in talks to possibly sell the company.

safewayAccording to The Los Angeles Times, the California-based grocery chain has been meeting with a private equity firm for months now. That same firm also owns Albertsons.

However, Safeway officials added that discussions were “ongoing” that it was not certain if they would lead to anything final.

Buyout rumors involving Safeway first surfaced in October, as The Times reported.

This latest announcement followed the sale of Safeway’s Canadian operations and its Chicago branch, Dominick’s.

1 Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s