"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.
Notable deaths of 2014 [PHOTOS]
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