The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday: ** Safeway Inc, the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion.** SAC Capital Advisors, the investment manager founded by Steven A. Cohen, said on Thursday that it had taken a 5.4 percent stake in Gogo Inc, a provider of in-flight Wi-Fi service.
Gogo Inc is a holding company. The Company operates through its two operating subsidiaries, Gogo LLC and Aircell Business Aviation Services LLC. Shares of GOGO fell by 0.25% or $-0.06/share to $24.29. In the past year, the shares have traded as low as $9.71 and as high as $35.77. On average, 3414460 shares of GOGO exchange hands on a given day and today's volume is recorded at 5203489.
Safeway Inc. (Safeway) is a food and drug retailer in North America. Shares of SWY fell by 0.03% or $-0.01/share to $39.47. In the past year, the shares have traded as low as $22.26 and as high as $40.25. On average, 4646180 shares of SWY exchange hands on a given day and today's volume is recorded at 16134438.
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