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BRIEFLY

Dart said it is committed to buying Safeway.

July 18, 1986

In a letter to the board of Safeway Stores, Dart Group said it believes that an acquisition "will result in a stronger Safeway and be in the best interests of Safeway, its stockholders, management, employees and customers." The Landover, Md., book and auto parts retailer added that "we trust that your board will not take any extraordinary actions before meeting with us." Safeway's only response was to say that it will "evaluate carefully" the $58-per-share offer and will make a recommendation to shareholders by July 22.

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