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Cerberus Capital to buy Safeway for about $9.4 bln

March 6 (Reuters) - Safeway Inc, the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion.

The offer price of $40 per share represents a premium of 1.3 percent to Safeway's Thursday closing.