AB Acquisition is the owner of Albertson’s and New Albertson’s and is controlled by a Cerberus-Capital-Management-led investor group that also includes Kimco Realty Corporation, Klaff Realty, Lubert-Adler Partners and Schottenstein Stores Corporation.
As a result of the merger, plus other actions to be taken by the Safeway board of directors (including the separate sales of certain other primarily non-core assets and the distribution of Blackhawk shares), Safeway shareholders are expected to receive total value estimated at $40 per share.
Source: Safeway
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