GIANT EAGLE EXPANDS IN COLUMBUS

COLUMBUS, Ohio -- Giant Eagle will more than double its presence in this market with the proposed acquisition of seven Big Bear supermarkets for $46.8 million.Giant Eagle's bid for the stores, which is subject to bankruptcy court approval, eclipsed an attempt by Kroger Co., Cincinnati, to acquire a package of 11 Big Bear stores for $20 million. Big Bear's parent company, Penn Traffic, Syracuse, N.Y.,

COLUMBUS, Ohio -- Giant Eagle will more than double its presence in this market with the proposed acquisition of seven Big Bear supermarkets for $46.8 million.

Giant Eagle's bid for the stores, which is subject to bankruptcy court approval, eclipsed an attempt by Kroger Co., Cincinnati, to acquire a package of 11 Big Bear stores for $20 million. Big Bear's parent company, Penn Traffic, Syracuse, N.Y., filed for bankruptcy protection in May and last month said it would seek to dispose

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TAGS: Kroger