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Credit Suisse pegs Safeway takeover value at $45 per share or more
NEW YORK — Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday.
Shares of Safeway were up slightly by 15 cents to $35.73 in early morning trading.
Responding to a Reuters report on private equity firm Cerberus' interest in the supermarket chain, Credit Suisse research analyst Ed Kelly suggested that a Cerberus-Safeway deal would be compelling for the following reasons:
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ACHC renews accreditation for Axium Healthcare Pharmacy
LAKE MARY, Fla. — A group that accredits healthcare organizations has renewed its certification for the Kroger Co.'s specialty pharmacy division.
Axium Healthcare Pharmacy said Wednesday that it received a renewal of its accreditation status from the Accreditation Commission for Health Care for its specialty pharmacy services.