Deals Rumor Mill: Cerberus Capital, Huayi Bros., Nuerburgring

Law360, New York (March 5, 2014, 4:09 PM EST) -- Cerberus Capital Management LP is looking to pound out a deal this week with California-based Safeway Inc. that would tie the nation’s second-largest grocery chain to the private equity firm’s Albertsons supermarkets, according to The Wall Street Journal, citing people familiar with the matter. Sources told the Journal that the transaction could value Safeway at $40 per share, or roughly $9 billion, making it potentially one of the largest supermarket mergers in recent years. But New York-headquartered Cerberus' deal might face some challenges from supermarket giant Kroger Co.,...
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