NEWS WATCH: COUCHE-TARD TO ACQUIRE 90 SPECTRUM C-STORES...A&P STOCK ADJUSTED FOR CASH DIVIDEND PAYOUT...SAFEWAY EXPECTS $315 MILLION IN TAX BENEFITS

Couche-Tard to Acquire 90 Spectrum C-StoresLAVAL, Quebec - Alimentation Couche-Tard here said it has agreed to acquire Spectrum Holdings, operators of 90 convenience stores in Georgia and Alabama. The deal, which would add approximately $325 million (U.S.) to Alimentation's annual sales, is expected to close in June. No purchase price was disclosed. Spectrum, based in West Point, Ga., operates Spectrum

Couche-Tard to Acquire 90 Spectrum C-Stores

LAVAL, Quebec - Alimentation Couche-Tard here said it has agreed to acquire Spectrum Holdings, operators of 90 convenience stores in Georgia and Alabama. The deal, which would add approximately $325 million (U.S.) to Alimentation's annual sales, is expected to close in June. No purchase price was disclosed. Spectrum, based in West Point, Ga., operates Spectrum convenience stores and fuel stations dispensing Shell, BP and private gas bra

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