Safeway Inc. Announces Annual Meeting of Stockholders July 25, 2014 at 1:30 p.m. Pacific Time
June 18 2014 - 4:05PM
Marketwired
Safeway Inc. Announces Annual Meeting of Stockholders July 25, 2014
at 1:30 p.m. Pacific Time
PLEASANTON, CA--(Marketwired - Jun 18, 2014) - Safeway Inc.
(NYSE: SWY) announced that it expects to hold its 2014 Annual
Meeting of Stockholders (the "2014 Annual Meeting") on July 25,
2014 at 1:30 p.m. Pacific Time, at Safeway's corporate
headquarters. Safeway's stockholders of record at the close of
business on June 2, 2014 will be entitled to notice of and to vote
upon the matters to be considered at the 2014 Annual Meeting. At
the 2014 Annual Meeting, among other things, Safeway will be
seeking stockholder approval of the agreement and plan of merger
dated as of March 6, 2014, as amended on April 7, 2014 and June 13,
2014, under which AB Acquisition LLC, an affiliate of Albertsons,
will acquire Safeway (the "Merger").
Safeway Inc. is a Fortune 100 company and one of the largest
food and drug retailers in North America based on sales. The
company operates 1,332 stores in the United States and had annual
sales of $36.1 billion in 2013.
Additional Information and Where to Find It
This press release does not constitute a solicitation of any
vote or approval in respect of the proposed Merger transaction
involving Safeway or otherwise. In connection with the Merger,
Safeway filed a preliminary proxy statement with the Securities and
Exchange Commission (the "SEC") on April 17, 2014 and May 23, 2014
and intends to file relevant materials, including a definitive
proxy statement, with the SEC on or about June 19, 2014. Investors
and security holders of Safeway are urged to read the definitive
proxy statement and other relevant materials when they become
available because they will contain important information about
Safeway, Albertsons and the proposed transaction. The proxy
statement and other relevant materials (when they become
available), and any other documents filed by Safeway with the SEC,
may be obtained free of charge at the SEC's website at www.sec.gov,
at Safeway's website at www.Safeway.com or by sending a written
request to Safeway at 5918 Stoneridge Mall Road, Pleasanton,
California 94588, Attention: Investor Relations.
Participants in the Solicitation
Safeway and its directors, executive officers and certain other
members of management and employees may be deemed to be
participants in soliciting proxies from the stockholders of Safeway
in favor of the Merger. Information regarding the persons who may,
under the rules of the SEC, be considered to be participants in the
solicitation of Safeway's stockholders in connection with the
proposed transaction and their ownership of Safeway's common stock
will be set forth in Safeway's proxy statement for its annual
meeting. Investors can find more information about Safeway's
executive officers and directors in its Annual Report on Form 10-K
for the fiscal year ended December 28, 2013, as amended.
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