FATE OF SAFEWAY U.K. IN HANDS OF BRITISH OFFICE OF FAIR TRADING

LONDON -- For the next two months, all eyes in the U.K.'s food retailing industry will be locked on Britain's Office of Fair Trading, which is to decide who moves forward -- and who gets left behind -- in the battle for control of Safeway supermarkets.As reported, a bidding war for Safeway -- which represents the last major chunk of supermarket real estate in a fiercely competitive market -- erupted

LONDON -- For the next two months, all eyes in the U.K.'s food retailing industry will be locked on Britain's Office of Fair Trading, which is to decide who moves forward -- and who gets left behind -- in the battle for control of Safeway supermarkets.

As reported, a bidding war for Safeway -- which represents the last major chunk of supermarket real estate in a fiercely competitive market -- erupted last week when Wm Morrison Supermarkets made an offer valuing Safeway at about $4.1 b

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