ALBERTSON'S/AMERICAN DEAL ON TRACK

OAK BROOK, Ill. (FNS) -- Albertson's and American Stores Co. expect to complete their merger by January, Greg Josefowicz, executive vice president and general manager of American's Jewel-Osco division, told the Merchandising Executives Club of Chicago here.Albertson's, based in Boise, Idaho, and American Stores, Salt Lake City, announced plans in early August to merge. Each company has scheduled shareholders'

OAK BROOK, Ill. (FNS) -- Albertson's and American Stores Co. expect to complete their merger by January, Greg Josefowicz, executive vice president and general manager of American's Jewel-Osco division, told the Merchandising Executives Club of Chicago here.

Albertson's, based in Boise, Idaho, and American Stores, Salt Lake City, announced plans in early August to merge. Each company has scheduled shareholders' meetings on Thursday to vote on the merger.

The Federal Trade Commi

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