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Safeway Inc. Message Board

  • razzledazzle5050 razzledazzle5050 Feb 5, 2014 1:52 PM Flag

    Just speculating here...

    I'm not so sure Cerberus and others have lost interest in SWY. SWY hired GS to help and a deal is always in GS best interests. Is it more likely SWY needed to dress up the operation to better appeal to Cerberus' stable of stores? Perhaps Canadian ops were a problem to regulators and cold cash would make the deal easier? Interest costs would be higher w/o the Canadian sale? Maybe that's why we haven't seen share repurchases yet too. Cerberus and Goldman may have needed the money to make the deal fly. Getting things done always seems to take forever but all this talk is only a few months old. It usually takes me a few months to buy a car;)
    Again, just thinking out loud.

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