SAFEWAY-KROGER RUMORS CONTINUE

Industry speculation about an acquisition by Safeway, Pleasanton, Calif., of Kroger Co., Cincinnati, just won't go away.Expectations have been heightened since the announcement in August of a planned acquisition by Albertson's, Boise, Idaho, of American Stores Co., Salt Lake City.But last week supermarket analysts were split on whether the speculation has any validity.Safeway and Kroger officials

Industry speculation about an acquisition by Safeway, Pleasanton, Calif., of Kroger Co., Cincinnati, just won't go away.

Expectations have been heightened since the announcement in August of a planned acquisition by Albertson's, Boise, Idaho, of American Stores Co., Salt Lake City.

But last week supermarket analysts were split on whether the speculation has any validity.

Safeway and Kroger officials have consistently declined comment on trade reports of a possible me

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