Market News
10Nov2006 |
Safeway rumoured to be takeover targetSpeculation circulated [Nov. 9] on Wall Street that Safeway Inc. may be a takeover target for Sears Holdings Corp., the parent of the Sears and Kmart department store chains. Analysts said the deal could be worth $20 billion. Officials from Safeway and Sears declined to comment on the report that investment research firm Briefing.com published [Nov. 8]. Source: Topix.net - Lana Holmes & Associates Ltd. with Tim Carter & Associates Inc. 11/10/06 
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