AHOLD AGREES TO PURCHASE PATHMARK FOR $1.75 BILLION

ZAANDAM, Netherlands -- Ahold here last week said it plans to acquire Pathmark Stores, Carteret, N.J., in a deal that tightens the global retailer's grip on the East Coast of the United States.The transaction would build critical mass for the Dutch-based company in the key markets of metro New York and Philadelphia and widen the reach of the Pathmark franchise. After acquiring Pathmark's 132 stores

ZAANDAM, Netherlands -- Ahold here last week said it plans to acquire Pathmark Stores, Carteret, N.J., in a deal that tightens the global retailer's grip on the East Coast of the United States.

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