Report: Whole Foods could be taken over by Albertsons

AUSTIN (KXAN) — Sources are reporting that the private equity group that backs U.S. grocer Albertsons is considering a bid on Austin’s own Whole Foods.
According to the Financial Times, Albertsons’ buyout group, Cerberus Capital Management, has been looking to expand its supermarket business, originally expressing interest in Sprouts Farmers Market. Those talks fell apart.
A bid on Whole Foods would come three years after Albertsons acquired Safeway for $9 billion, making it th