Albertsons in talks to acquire Sprouts Farmers Market

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Albertsons is reportedly in early discussions to merge with organic grocery chain Sprouts Farmers Market. The deal would take the Phoenix-based Sprouts private and add it to the Albertsons’ portfolio, according to Bloomberg. The Boise, Idaho-based Albertsons currently owns its own eponymous grocery stores and the Safeway store brand. The Sprouts acquisition talks are in the early stages and may not result in a deal. If deal talk moves forward, the company could fetch as much as $26 a share,...

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