CORRECT: Albertsons Files To Go Public, Again

Albertsons Companies filed for an initial public offering, about nine years after the grocery chain was split up and went private. The company plans to use the proceeds of the IPO, which has yet to be determined, to pay down debt. The underwriters of the IPO include Goldman Sachs, BofA Merrill Lynch, Citigroup, Morgan Stanley and Lazard. Albertsons, which completed the acquisition of Safeway earlier this year, operated 2,205 stores and 1,698 pharmacies in 33 states as of June 20, with brands including Albertsons, Safeway, Vons and Acme. In 2014, the company reported revenue of $27.2 billion and same-store sales growth of 7.2%.