(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.
(Reporting by Siddharth Cavale in Bangalore; Editing by Saumyadeb Chakrabarty)
