Is $40 for Safeway as good as it gets?


Kroger (KR) isn't expected to come in with an over-the-top bid for all of Safeway (SWY), according to a CNBC report.

KR +0.7% premarket while SWY is down 3.2% to $38.20.

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Comments (2)
  • jumpnjoey77
    , contributor
    Comments (1192) | Send Message
     
    Will be another JCP. Watch.
    7 Mar 2014, 09:27 AM Reply Like
  • jwanebo
    , contributor
    Comments (26) | Send Message
     
    Bravo to Kroger management. Harris Teeter good debt and accretive, Safeway bad debt and a venture capitalist dream to sell off assets before leaving town. Bravo for avoiding a bad decision and stay the course KR!
    7 Mar 2014, 11:24 AM Reply Like
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