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Safeway, Albertsons Sell Stores To Win FTC Nod For $9B Deal

By Vin Gurrieri ( December 22, 2014, 1:08 PM EST) -- Supermarket operators Safeway Inc. and Albertsons said Friday they would sell off over 150 grocery stores in order to secure antitrust approval from the U.S. Federal Trade Commission for Albertsons' approximately $9 billion private equity-backed acquisition of Safeway, a deal that will merge two of the largest grocery store chains in the U.S....

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