After swallowing up a huge part of the Supervalu portfolio earlier this year, private equity giant Cerberus Capital Management may be looking to buy Safeway, according to our sister publication, Supermarket News. Safeway has hired Goldman Sachs to explore a potential sale of the company. Safeway's stock is currently viewed as undervalued, at $39 per share. An analyst quoted by SN estimates that the grocer could get as much as $56 per share in a leveraged buyout.
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