Seeking Alpha

Safeway (SWY) +23.6% AH on news Empire Company's (EMP.A) Sobeys unit is buying Safeway's...

Safeway (SWY) +23.6% AH on news Empire Company's (EMP.A) Sobeys unit is buying Safeway's Canadian ops (Canada Safeway) for C$5.8B ($5.7B).
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Comments (3)
  • AdamDivy
    , contributor
    Comments (416) | Send Message
     
    Wow, that's a big AH gain. AH high hit $30.23

     

    Long SWY
    12 Jun 2013, 04:36 PM Reply Like
  • bjamesh
    , contributor
    Comments (163) | Send Message
     
    The "vultures" were circling this operation for years. Canada will have another oligopoly in the making along with the banks and telecommunications. Doesn't always work out the best for consumers, but it works OK for investors.

     

    http://bit.ly/11gs7cH
    12 Jun 2013, 09:36 PM Reply Like
  • jumpnjoey77
    , contributor
    Comments (990) | Send Message
     
    SWY is my largest holding - not any more - sold @$30.18.
    12 Jun 2013, 11:05 PM Reply Like
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