Albertson's Plans to Purchase Safeway - KFBB.com News, Sports and Weather

Albertson's Plans to Purchase Safeway

Posted: Updated:
Montana -

One of the largest supermarket investors has agreed to dish out billions of dollars in a deal that would make them one of the most dominant grocery stores on the west coast

Safeway has agreed to sell itself to Cerberus Capital Management in a $9 billion deal. The agreement will combine Safeway with Cerberus' Albertsons chain.

Safeway currently has more than 1,300 locations. When combined with Albertson's, they will have more than 2,400 stones, 27 distribution facilities and 20 manufacturing plants

Safeway and Albertsons say the deal will help improve customer service and lower costs. They hope to finalize everything towards the end of the year, after they receive approval form shareholders and federal regulators.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Deputy rescues man from overturned semi

    Deputy rescues man from overturned semi

    Friday, September 22 2017 2:58 PM EDT2017-09-22 18:58:09 GMT

    A Park County Deputy is being hailed as a hero on Facebook after coming to the rescue of a man trapped inside the cab of his rolled over semi-truck Friday morning. 

    A Park County Deputy is being hailed as a hero on Facebook after coming to the rescue of a man trapped inside the cab of his rolled over semi-truck Friday morning. 

  • Verizon won't terminate Montana contracts

    Verizon won't terminate Montana contracts

    Friday, September 22 2017 1:00 PM EDT2017-09-22 17:00:30 GMT

    Verizon has reversed its decision to cut rural Montanans from their network. 

    Verizon has reversed its decision to cut rural Montanans from their network. 

  • 911 transcripts from officer involved shooting released

    911 transcripts from officer involved shooting released

    Thursday, September 21 2017 8:54 PM EDT2017-09-22 00:54:24 GMT

    Today, the 911 transcripts for the officer involved shooting that left one man dead have been released. 

    Today, the 911 transcripts for the officer involved shooting that left one man dead have been released. 

  • NewsMore>>

  • 911 transcripts from officer involved shooting released

    911 transcripts from officer involved shooting released

    Thursday, September 21 2017 8:54 PM EDT2017-09-22 00:54:24 GMT

    Today, the 911 transcripts for the officer involved shooting that left one man dead have been released. 

    Today, the 911 transcripts for the officer involved shooting that left one man dead have been released. 

  • 2 are dead after pickup collides with school bus

    2 are dead after pickup collides with school bus

    Tuesday, September 19 2017 8:51 PM EDT2017-09-20 00:51:49 GMT

    Two people were killed Tuesday morning after a pickup truck collided with a school bus near Glasgow.

    Two people were killed Tuesday morning after a pickup truck collided with a school bus near Glasgow.

  • What Great Falls need to be number one

    What Great Falls need to be number one

    Friday, September 22 2017 8:45 PM EDT2017-09-23 00:45:50 GMT
    Over the last year the city has brought in more businesses, like Walmart, Teriyaki Madness and even boosting up the West Bank area. In the meantime mom and pop stores are losing money and slowly shutting their doors. Brett Doney, president of the great falls development authority says there's ways around it. He said,"Other mom and pops are flourishing so you can compete but you choose were to compete so its all about value and customer service and convincing shoppers they ought ...
    Over the last year the city has brought in more businesses, like Walmart, Teriyaki Madness and even boosting up the West Bank area. In the meantime mom and pop stores are losing money and slowly shutting their doors. Brett Doney, president of the great falls development authority says there's ways around it. He said,"Other mom and pops are flourishing so you can compete but you choose were to compete so its all about value and customer service and convincing shoppers they ought ...
  • Verizon will continue to serve rural Montana

    Verizon will continue to serve rural Montana

    Friday, September 22 2017 7:51 PM EDT2017-09-22 23:51:25 GMT
    Earlier this week, Verizon informed their customers they were using too much data on an unlimited plan, and they were technically roaming. Obviously, sparking a lot of outrage from not only customers, but our political leaders, including Senator Jon Tester.  Verizon responded to Tester's demands today, announcing that the company will continue to serve Montanans. Tester says that wireless communication is critical for not only Montana families, but businesses and emergency first...
    Earlier this week, Verizon informed their customers they were using too much data on an unlimited plan, and they were technically roaming. Obviously, sparking a lot of outrage from not only customers, but our political leaders, including Senator Jon Tester.  Verizon responded to Tester's demands today, announcing that the company will continue to serve Montanans. Tester says that wireless communication is critical for not only Montana families, but businesses and emergency first...
Powered by Frankly
Copyright - All content © 2001 - 2017. All Rights Reserved. For more information on this site, please read our Privacy Policy, Terms of Service, and Ad Choices.