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Bid for Vons

Published on .

Safeway, Pleasanton, Calif., in a bid to become the second-largest grocery chain in the U.S., has offered to buy Vons Cos. Safeway's offer values Vons at $3.25 billion; Safeway already owns about a third of the chain. Annual sales of the combined chain would top $22.5 billion.

Copyright October 1996, Crain Communications Inc.

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