"Grocery stores generate stable cash flow. They are the quintessential buyout candidates," Sean Egan told the Chicago Sun-Times.
Egan said that the supermarket chain could be purchased by a private-equity concern, and named Kohlberg Kravis Roberts and Co., Thomas H. Lee Partners and Madison Dearborn Partners as potential buyers.
Safeway, which tried to sell its Chicago-based Dominick's food store chain in 2001, "is close to the top of the list," of targeted buyouts, Egan said.
Interpol investigating stolen passports on missing flight
Dennis Rodman pledges to end trips to North Korea