West Face Capital thinks Safeway (SWY -1%) is undervalued as investors pass by the value of its...

|About: Safeway Inc. (SWY)|By:, SA News Editor

West Face Capital thinks Safeway (SWY -1%) is undervalued as investors pass by the value of its Blackhawk giftcard business and Canadian supermarket assets. Yesterday, the investment firm took a small stake in the company.