Bullish Analyst Sees Deal For Safeway Between $45 And $55
February 27, 2014 at 10:50 AM EST
Deutsche Bank released a note speculating on potential “dance partners” for Safeway (NYSE: SWY ). Karen Short, analyst at Deutsche Bank, sees a “$45-$55 valuation for a deal factoring in potential deal synergies.” The first suitor could be Cerberus, which would need to “sell only ~25 Safeway stores in
