It's official--Cerberus Capital Management, the private equity giant that already owns a vast collection of former Supervalu brands, agreed to buy Safeway grocery chain for $9 billion. As expected, the deal will be heavily financed by debt--$7.6 billion of it. The rest of the money will consist of $1.25 billion in equity contributions from Cerberus' investors and partners and cash, according to our sister publication, Supermarket News (SN). Safeway will now become part of AB ...
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