
US supermarket chains Safeway and Albertsons Thursday agreed to merge in a $9.1 billion deal that will create a giant with more than 2,400 stores and 250,000 employees.Under the deal, Albertsons owner Cerberus agreed to pay $40 a share for Safeway. The two companies said the scale of the combined operation would enable them to cut costs and offer competitive prices to consumers.
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