Crain's Chicago: Safeway may unload Dominick's

05/5/2003 | Crain's Chicago Business

Grocery giant Safeway may spin off its Dominick's line in Chicago to Yucaipa, the company from which it purchased the now-troubled Dominick's stores in 1998. The asking price is estimated at about $500 million, a far cry from the $1.8 billion that Safeway paid Yucaipa.

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