CERTIFIED (CALIF.) AND UNITED GROCERS SIGN MERGER DEAL

LOS ANGELES -- Two regional retailer-owned cooperatives -- Certified Grocers of California here and United Grocers, Portland, Ore. -- said last week they have signed a letter of understanding to merge into a single entity, possibly under a new name.Completion of the merger is scheduled for June.The resulting company would have combined annual sales of $3 billion, including $1.8 billion from Certified

LOS ANGELES -- Two regional retailer-owned cooperatives -- Certified Grocers of California here and United Grocers, Portland, Ore. -- said last week they have signed a letter of understanding to merge into a single entity, possibly under a new name.

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