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What Kroger and Cerberus Should Consider in the Battle for Safeway

  • Aired: 1/6/2014
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Synopsis >

The Wall Street Journal reported this week Kroger is considering purchasing Safeway, less than two months after completing its purchase of Harris Teeter. This, as private-equity firm Cerberus Capital Management also works on a deal to acquire Safeway for a reported $40 a share, which values the company at $9 billion. Industry watcher Frank Dell says both Kroger and Cerberus need to make note of significant changes happening within the supermarket industry and increasing competition.

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