Supermarket chains Albertsons and Safeway will sell 168 stores in eight states to win approval of their $9.2 billion merger from the Federal Trade Commission, the agency said Tuesday.
Albertsons, owned by private equity firm Cerberus Capital Management, operates 1,081 stores under names including Lucky, Shaws, Star Market and Super Saver. It’s the fifth-largest supermarket chain, according to Forbes.
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