Well, this is interesting.
The Chicago Tribune has a new article which states that Safeway is looking to sell itself to Jewel-Osco’s parent company, Cerberus:
Dominick’s parent Safeway said Wednesday it is in discussions to sell itself.Reuters is reporting that Jewel-Osco parent Cerberus Capital Management LP is in talks to buy all or part of the nation’s second largest grocer. That could set up an interesting evolution in the Chicago market, in which Jewel-Osco is the biggest player with 180 stores.
