date:May 05, 2014
nvestors and the press until the merger is complete. Instead, a statement was posted to the company's website Wednesday afternoon.
We are working diligently to close the merger with Albertsons by the fourth quarter, Safeway CEO Robert Edwards said in the statement.
The Federal Trade Commission is reviewing the merger and is expected to require that several stores be sold to comply with antitrust regulations. Stores to be sold would most likely be in Washington, Oregon, Colorado, Arizona and Te