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| Blackhawk Network (Photo credit: SRivera) |
Safeway plans to take gift card business Blackhawk Network public next year
PLEASANTON, Calif. (AP) -- Safeway Inc. said Wednesday that it plans to take its gift card business, Blackhawk Network Holdings Inc., public by the first half of 2013. The supermarket chain said it plans to file a registration statement for the public offering of a minority stake in Blackhawk. The exact timing of the IPO depends on market conditions. The company gave no details on pricing.
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