Cerberus near deal to buy grocery chain Safeway: source
The deal, which values Safeway at around $40 per share, could come as early as Thursday afternoon pending final approval from the company's board of directors, the person said, who asked not to be named because the matter is not public.
Reuters first reported on February 21 that Cerberus was in advanced talks to buy Safeway and was trying to finalize an agreement within weeks.
Cerberus declined to comment, while Safeway did not immediately respond to requests for comment.
(Reporting by Greg Roumeliotis and Olivia Oran in New York. Editing by Andre Grenon)