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Investment firm Cerberus to buy Safeway for $9 billion

Investment firm Cerberus to buy Safeway for $9 billion

Safeway, the nation's No. 2 supermarket chain, is being sold for $9 billion to an investment group led by private equity firm Cerberus Capital Management.

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Investment firm Cerberus to buy Safeway for $9 billion

Safeway, the nation's No. 2 supermarket chain, is being sold for $9 billion to an investment group led by private equity firm Cerberus Capital Management. News10/KXTV