Boise, Idaho - Albertsons LLC and Safeway Inc. have completed their proposed merger, ending a nearly year-long process that began in March 2014. AB Acquisition LLC, the owner of Albertson's and New Albertson's, Inc., will acquire all outstanding shares of Safeway.
The merger will create a diversified network that includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with more than 250,000 employees across 34 states and the District of Columbia.