Cerberus Capital Management is among several private equity firms considering a buyout bid for supermarket chain Safeway (NYSE: SWY), according to Reuters. Goldman Sachs is advising Safeway, which has a market cap in excess of $8.1 billion. www.safeway.com
Arbor Investments has sponsored a recapitalization of PBF Pita Bread Factory Ltd., a British Columbia-based maker and marketer of fresh and frozen premium baked goods. No financial terms were disclosed. www.arborpic.com
Graycliff Partners has invested an undisclosed amount into Talon Innovations, a Sauk Rapids, Minn-based designer and manufacturer of precision machined products. www.graycliffpartners.com
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