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Albertsons Companies, Inc. Albertsons Companies, Inc. [1] [2] is an American grocery company founded and headquartered in Boise, Idaho . With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
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Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops and fuel centers. [2] It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January ...
Associated Wholesale Grocers, Inc. ( AWG) is the United States 's largest [citation needed] cooperative food wholesaler to independently owned supermarkets and grocery stores. It serves more than 4,000 locations in 36 states and from 8 full-line wholesale divisions. The consolidated run-rate sales for AWG is close to $10 billion. [citation needed] In addition to its cooperative wholesale ...
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The FTC’s bid to block Kroger’s $25 billion acquisition of Albertsons will have a ‘chilling effect’ on dealmaking activity.
What happens now that the Federal Trade Commission has taken legal action to stop Kroger’s proposed takeover of grocery rival Albertsons?
Kroger and Albertsons announced Monday they’ve expanded their deal to sell off hundreds of stores as part of their $25 billion proposal to merge.