Whole Foods Markets (WFM) surged following a Financial Times report that Albertsons is considering a takeover. Albertsons is a supermarket operator backed by a U.S. private equity group. Three years ago Albertsons acquired Safeway (SWY)  for $9 billion, and turned it into the third-largest supermarket chain in terms of revenue.

READ MORE: Whole Foods Market Stock Surging as Albertsons Explores Bid

This article was written by a staff member of TheStreet.