Safeway Inc. (NYSE:SWY), the second largest US supermarket chain, is on the verge of being sold to the private-equity firm that owns Albertsons, the fifth largest – but the largest supermarket chain, Kroger, now may step in to complicate matters. Antitrust issues? Kroger is now considering a bid to purchase Safeway Inc. (NYSE:SWY), its larger competitor, according to a report in the Wall Street Journal. The report ultimately expects Safeway to be sold to Cerberus Capital Management LP, which owns Albertsons, due to anti-trust concerns with two direct competitors that would control the vast majority of the markets in which…
Acquisition Of Albertsons May Have A New Suitor In Kroger
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.