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Stock Market & Financial Investment News

News Breaks
March 7, 2014
05:41 EDTKR, SWYSafeway $40 per share takeover price too low, says Deutsche Bank
Deutsche Bank views the $40 per share price Cerberus is paying for Safeway (SWY) as too low and notes the deal has a 21 day go-shop period. Deutsche believes Kroger (KR) should bid and continues to think Safeway could fetch a price above $40 per share. The firm has a Buy rating on Safeway.
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