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Albertsons Sets IPO Goal Of $1.84 Billion

September 25, 2015: 12:00 AM EST
Grocery company Albertsons Cos. said it expects to raise as much as $1.84 billion from its initial public offering. Months earlier, private-equity firm Cerberus Capital Management LP merged Albertsons with retailer Safeway Inc. The merger resulted in the second-largest grocer in the country, behind market leader Kroger Co.
Lisa Beilfuss, "Albertsons to Raise Up to $1.84 Billion in IPO", The Wall Street Journal, September 25, 2015, © Dow Jones & Company, Inc.
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