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Stock Market & Financial Investment News

News Breaks
March 28, 2014
09:07 EDTSWYSafeway announces end of 'go-shop' period
Safeway announced the expiration of the 21-day "go-shop" period pursuant to the terms of the previously announced definitive merger agreement under which AB Acquisition LLC has agreed to acquire all outstanding shares of Safeway. Under the definitive merger agreement, Safeway and its representatives were permitted to solicit and engage in negotiations with respect to alternative acquisition proposals during the 21-day period that ended at 11:59 pm ET on March 27. None of the parties contacted by Safeway during the "go-shop" period notified Safeway by the deadline that they would be interested in pursuing an alternative transaction under the merger agreement. The parties to the merger agreement currently expect to complete the merger in Q4.
News For SWY From The Last 14 Days
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July 30, 2014
11:32 EDTSWYOptions with increasing implied volatility
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July 28, 2014
12:05 EDTSWYOptions with increasing implied volatility
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July 25, 2014
17:55 EDTSWYSafeway shareholders approve merger with AB Acquisition
Safeway announced the preliminary results of its stockholder vote at the company's 2014 Annual Meeting of Stockholders held earlier. Stockholders approved and adopted the proposal to approve the previously announced agreement and plan of merger dated as of March 6, as amended on April 7 and June 13, under which AB Acquisition, an affiliate of Albertsons, will acquire Safeway as described in the proxy statement dated June 19, with 70% of the outstanding shares and 96% of the shares voted voting FOR the Merger.
12:18 EDTSWYGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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July 23, 2014
06:31 EDTSWYSafeway says receives subpoena from U.S. DEA
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